188 Wedgewood Drive
About This Property
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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 6, 2018 | No longer available | - | |
| No longer available | |||
| Aug 31, 2018 | Sold | ||
| Sold | |||
| Aug 8, 2018 | Listed | $350,000 | |
| Listed | |||
| | |||
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Great location in Ludlow. Beautiful 3 bedroom 3 bath home with a 2 car garage. The open floor plan makes for plenty of space. Perfect home for large gatherings. Large kitchen and family room area open to a large deck which overlooks the backyard. Lush lawn and landscaping with irrigation system. Front porch area, storage shed, and first floor laundry are a couple more features. There is extra space in the partially finished basement, perfect for the resident of any age. New hardwood floors throughout first floor and stairs to second floor newly refinished. The yard has plenty of room for outdoor activities or even to add a pool. Call today for a showing, before it is too late. The manager has listed the unit size as 2240 square feet.
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| Jun 30, 2018 | Listed by Keller Williams Realty | $350,000 | |
| Listed by Keller Williams Realty | |||
| Jul 19, 2013 | Sold | ||
| Sold | |||
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