2536 Wedglea Drive
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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 |
|---|---|---|---|
| Jun 24, 2021 | Sold | ||
| Sold | |||
| Nov 9, 2020 | Listed by JB Real Estate Group | $340,000 | |
| Listed by JB Real Estate Group | |||
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IMPROVED PRICE! Step inside your beautiful move-in ready, open concept home with tons of natural light, stained concrete floors, 20' ceilings, and a split bedroom layout for privacy. Move right in and enjoy a low-maintenance lifestyle with a private backyard to host your friends for cookouts. This enclave of homes features low HOA dues, swimming pool, clubhouse, and dog park. Front yard landscape maintenance is even included for carefree living. Convenient N. Oak Cliff location gives you quick access to downtown, uptown, and the Bishop Arts District! Washer, dryer, and refrigerator stay! Both AC condensers, coils, and thermostats installed in 2021. See this one today!
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| Oct 9, 2020 | No longer available | - | |
| No longer available | |||
| Apr 8, 2020 | Price Decreased |
$358,900
↓ $6K
(1.5%) | |
| Price Decreased | |||
| Dec 6, 2019 | Listed | $364,500 | |
| Listed | |||
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Modern luxury home near downtown, detached two story with two masters one up and down in walkable neighborhood. Large vaulted ceilings, canned lighting, bamboo and eco friendly stained concrete floors, Brizo Fixtures and tumbled marble baths. Open loft office work from home space. Live up and play down. Two living areas and nice back yard next to private community Dog Park. Freshly refinished, pool hot tub. HOA includes water, trash, mowing, sprinklers, and private dog park. This property qualifies for easy qualifying zero or three percent down financing with zero mortgage insurance. Please see media for program details. The manager has listed the unit size as 1600 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017