2908 Wheeler Street
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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%.
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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 |
|---|---|---|---|
| Jul 12, 2024 | Sold | ||
| Sold | |||
| Jun 17, 2024 | In contract | - | |
| In contract | |||
| Jun 7, 2024 | Listed by RE/MAX Universal | $392,000 | |
| Listed by RE/MAX Universal | |||
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Great home for someone working at Texas Southern University; three houses down from the front gate. Walk to work, walk home for lunch, walk back to work! New build in 2016. Beautiful wood floors throughout in every room. Kitchen open to Dining and Den. Hall bath is between the two secondary bedrooms (one currently set up as a library). Primary Bedroom with very nice En-Suite Bath. Double paned glass windows. Covered Porches on both ends of the house; back porch is private. On the bike trail to Herman Park. University of Houston and Med Center also walkable/bikeable. The largest River Oak I've ever seen in the front yard! Huge tree! Wrapped in lights, this tree could be the talk of the street! Circular front drive. Come See!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017