2235 Wilcox Street
About This Property
Located in one of WM's most sought after residential pockets, this property offers no HOA, giving you the freedom to design your home exactly as you envision - all within the peaceful setting June Park is known for.
Just minutes from shopping, dining, schools, and major roadways, this homesite delivers everyday convenience while maintaining the charm and privacy of an established neighborhood.
Opportunities like this - fully prepped, centrally located, and ready for construction - are increasingly hard to find in the June Park area. Turn this prepared lot into your next home.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017