38 Wequaquet Lane
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 5, 2022 | No longer available | - | |
| No longer available | |||
| Apr 26, 2022 | Listed by SeasCape Realty, Inc. | $419,000 | |
| Listed by SeasCape Realty, Inc. | |||
| | |||
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Light filled and cozy two bedroom home featuring an open floor plan with gas fireplace and skylights in the living room. Recently updated kitchen, with convection wall oven, and updated bathroom. Full basement for all your storage needs, including a cedar closet. Nearly an acre of fenced, private, wooded space with ample areas for parking, gardens, yard games and quiet sitting areas. This home also boasts front and back decks for all your entertaining needs. Additional storage outdoors in two separate sheds. Roof and septic replaced in 2016, septic passed inspection April 2022. Furnace & fireplace serviced in April 2022. This house works perfectly as a first home, a summer getaway, a source for rental income or for downsizing. Home is not visible from the road and sits at the end of the long driveway. Please do not drive down driveway except by appointment or to attend open house. Seller prefers a closing late June or early July. The manager has listed the unit size as 636 square feet.
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| May 27, 2016 | Sold | ||
| Sold | |||
| Mar 30, 2016 | Listed by Griffin Realty Group | $249,900 | |
| Listed by Griffin Realty Group | |||
| Dec 30, 1996 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017