2187 Wembley PLACE
About This Property
Perhaps the greatest asset of this exceptional home is the screened in backyard and pool area with tons of privacy! There are 3 sets of doors on the 2nd floor that lead to a 49-foot balcony/deck that overlooks the pool, backing up to conservation land in the back and green area on the side. The home offers views of the beautifully wooded nature preserve, as well as amazing bird watching (watch for the Cardinals and Painted Buntings). Did we mention the 10' x 9' DOG RUN outside the garage?!
The old saying is true: Location, location, location! This community is close to shopping, malls and major highways like 417, with easy access to UCF and Seminole State College. Homes like this don't come around often, and this one has had one owner who has meticulously maintained it with love and care. Don't miss this exceptional opportunity!
Updates include: roof replacement in 2018 and upstairs A/C replacement in 2014.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 16, 2023 | Sold | ||
| Sold | |||
| Apr 26, 2023 | Listed by EXP REALTY LLC | $725,000 | |
| Listed by EXP REALTY LLC | |||
| Apr 20, 2023 | No longer available | - | |
| No longer available | |||
| Jan 18, 2023 | In contract | - | |
| In contract | |||
| Nov 4, 2022 | Price Increased |
$725,000
↑ $26K
(3.7%) | |
| Price Increased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017