38 Wenmar Drive
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 |
|---|---|---|---|
| Mar 29, 2024 | Sold | ||
| Sold | |||
| Sep 13, 2023 | Listed by Realty Promotions Inc | $510,000 | |
| Listed by Realty Promotions Inc | |||
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New construction colonial in Wenmar Heights, a new subdivision in the Town of Newburgh and close to shops, restaurants, parks and schools. The Jessica style colonial features 3 bedrooms, 2.5 baths, hardwood floors, carpet in all bedrooms and a cozy fireplace. Gorgeous custom kitchen offers tiled back splash, granite countertops and center island with seating overhang. Master bedroom with walk in closet and private master bath complete with tiled walk in shower with glass doors, double sink and soaking tub. Central A/C, back deck, 2 car garage and full unfinished basement all included.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017