32022 Wendt Park Trace
About This Property
Beautiful stucco & stone custom home nestled on 1.53 acres/property backs to Pecan Lake Trail and short stroll to Pecan Lake/3 bedrooms + study/wonderful large utility + convenient mud room w/half bath/secluded GMRM/large slate floored & covered back patio includes summer kitchen next to 3 car garage/zoned gas heat & zoned a/c/granite counters/undermounted stainless sink in kitchen/overlooking a beautiful pool with waterfalls. Home has a mosquito misting system and all windows have laminated glass for extra security. Beautiful trees, lot, home, & community
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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 |
|---|---|---|---|
| Jul 1, 2021 | Sold | ||
| Sold | |||
| May 20, 2021 | Listed by RE/MAX Cinco Ranch | $775,000 | |
| Listed by RE/MAX Cinco Ranch | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017