23 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 |
|---|---|---|---|
| Aug 21, 2018 | No longer available | - | |
| No longer available | |||
| Aug 16, 2018 | Sold | ||
| Sold | |||
| Aug 14, 2018 | Listed | $149,900 | |
| Listed | |||
| | |||
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Ranch offering one level living and boasts pride of ownership! This 3 bedroom, 1 bath home is ideal for a first time home buyer or empty nester. The detached garage has heat and fits up to four vehicles. Move in ready and awaiting its new owner! The manager has listed the unit size as 960 square feet.
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| Jun 22, 2018 | Listed by BHG Masiello Keene | $149,900 | |
| Listed by BHG Masiello Keene | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017