280 Wheeler Avenue
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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.
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 2, 2024 | Sold | ||
| Sold | |||
| May 23, 2024 | In contract | - | |
| In contract | |||
| May 20, 2024 | Relisted | $680,000 | |
| Relisted | |||
| May 15, 2024 | In contract | - | |
| In contract | |||
| May 2, 2024 | Listed by EXP Realty | $680,000 | |
| Listed by EXP Realty | |||
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Welcome to 280 Wheeler Avenue, located in the highly desirable Village of Valley Stream. This meticulously maintained house boasts a recently renovated kitchen with granite countertops and stainless steel appliances, fully-owned solar panels (installed 2 years ago), a water heater (installed 5 years ago), and a ductless split system in the main bedroom (installed 3 years ago). All 4 bedrooms are generously sized and offer ample space. The house provides plenty of storage throughout, including in the large partially finished basement (with an outside entrance), where you'll find a wet bar to entertain your guests, a full bathroom, updated utilities, and the washer/dryer. The backyard is a tranquil oasis, fully fenced in with a retractable awning, perfect for enjoying the outdoors. This wonderful house is located in a quiet and serene area, yet still close to everything. Make sure to come and see what this amazing house has to offer!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017