38 Wardwell Avenue
About This Property
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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 |
|---|---|---|---|
| May 14, 2021 | Sold | ||
| Sold | |||
| Mar 26, 2021 | Listed | $389,900 | |
| Listed | |||
| Jul 6, 2005 | Sold | ||
| Sold | |||
| Apr 20, 2005 | Listed by Tony's Realty | $269,900 | |
| Listed by Tony's Realty | |||
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DIAMOND DISTRICT! ONE BLOCK FROM THE BEACH! FANTASTIC CONDO ALTERNATIVE! COMPLETELY RENOVATED 5 ROOM, 2 BEDROOM, 1 1/2 BATH COLONIAL! DRAMATIC CATHEDRAL CEILING WITH FABULOUS WOOD DETAIL IN MASTER BEDROOM! GORGEOUS HARDWOOD FLOORS! FRENCH DOORS THAT LEAD TO ENCLOSED SIDE PORCH TO RELAX! SPACIOUS PRIVATE FENCED YARD AND PLENTY OF PARKING! STEPS TO THE OCEAN! MOVE IN TO ENJOY THE SUMMER!!!
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| Jun 29, 2001 | Sold | ||
| Sold | |||
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