188 Wandering Trail
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 15, 2025 | Sold | ||
| Sold | |||
| Jul 31, 2025 | In contract | - | |
| In contract | |||
| Jul 12, 2025 | Price Decreased |
$549,000
↓ $20K
(3.5%) | |
| Price Decreased | |||
| Jun 9, 2025 | Price Decreased |
$569,000
↓ $31K
(5.2%) | |
| Price Decreased | |||
| May 22, 2025 | Listed by Echo Fine Properties | $599,900 | |
| Listed by Echo Fine Properties | |||
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An adorable house in a fantastic neighborhood! Two bedrooms plus an office/den with updated kitchen: white shaker cabinets, granite counters, stainless steel appliances and under cabinet lighting, and cute seating area. Beautiful French doors, lead to a fully fenced backyard for your kids or dogs and screened lanai. The primary hosts his & her walk-in closets and 3-piece en-suite bath. Protected with a BRAND NEW roof, impact windows, one accordion shutter. Sellers can transfer their membership to the Indian Creek amenities; pool, tennis, pickleball. Indian Creek has a beautiful park & playground and is close to all major conveniences, I-95, Turnpike. 15 minutes to the beach, 25 minutes to PBI Airport.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017