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2109 WEMBLEY PLACE
About This Property
Inside, soaring ceilings, a dramatic double staircase, formal living and dining rooms, and French doors create an impressive welcome. The spacious kitchen features granite countertops, a large island, stainless steel appliances, gas cooking, abundant cabinetry and a wine refrigerator. A private office, upstairs loft and approximately 588-square-foot bonus room provide versatile living spaces. The primary suite features a freestanding soaking tub and oversized tiled shower. Additional highlights include an upper balcony overlooking the water, fresh interior and exterior paint, refreshed landscaping, tile roof and three-car garage.
Enjoy Chapman Lakes' playground, neighborhood events and convenient access to UCF, Research Park, SR 417, shopping and dining. A recent $920,000 appraisal, full home inspection and satisfactory four-point inspection report are available for buyer review. Now priced $20,001 below its recent appraised value, this waterfront property presents an attractive opportunity in Chapman Lakes.
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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%.
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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.
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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 |
|---|---|---|---|
| Oct 20, 2026 | Price Decreased |
$899,999
↓ $15K
(1.6%) | |
| Price Decreased | |||
| Oct 13, 2026 | Price Decreased |
$915,000
↓ $15K
(1.6%) | |
| Price Decreased | |||
| Sep 21, 2026 | Listed by RE/MAX TOWN CENTRE | $929,999 | |
| Listed by RE/MAX TOWN CENTRE | |||
| Sep 25, 2018 | Sold | ||
| Sold | |||
| Jul 8, 2013 | Sold | ||
| Sold | |||
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About Chapman Lakes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017