3175 N WHEATON POINT
About This Property
The spacious master suite includes a private office with a skylight, allowing natural light to pour in while offering serene lake views-an ideal space for remote work or quiet relaxation. Step outside to your backyard oasis, where a sparkling pool and hot tub with a tranquil waterfall overlooks the lake, the expansive decking makes it the perfect place to unwind or entertain.
For those in need of ample storage and parking, this home includes a two-car attached garage, a three-car detached garage, a shed, and a carport, providing room for vehicles, tools, and recreational equipment. With its thoughtful upgrades, stunning surroundings, and prime location, this property is a rare gem that combines elegance with everyday practicality. Don't miss your chance to experience lakefront living at its finest. Roof 2023, some windows replaced 2022, 28x40 detached metal building 2018, 26x32 pool 2015.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 11, 2025 | Sold | ||
| Sold | |||
| Aug 2, 2025 | In contract | - | |
| In contract | |||
| Jun 26, 2025 | Price Decreased |
$585,000
↓ $14K
(2.3%) | |
| Price Decreased | |||
| May 28, 2025 | Price Decreased |
$599,000
↓ $20K
(3.2%) | |
| Price Decreased | |||
| May 19, 2025 | Price Decreased |
$619,000
↓ $20K
(3.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017