3825 Wake Forrest 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 |
|---|---|---|---|
| Nov 14, 2024 | Sold | ||
| Sold | |||
| Oct 10, 2024 | In contract | - | |
| In contract | |||
| Oct 8, 2024 | Listed by Sendero Properties, LLC | $219,000 | |
| Listed by Sendero Properties, LLC | |||
| Oct 10, 2022 | Sold | ||
| Sold | |||
| Aug 7, 2022 | Listed by ACR-ANN CARR REALTORS | $210,000 | |
| Listed by ACR-ANN CARR REALTORS | |||
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Prepare to be impressed when you enter this superbly maintained home in Wylie ISD. This 3 bedroom 2 bath functional home is enveloped in light and comfort. The open floor plan incorporates a generously proportioned kitchen, welcoming great room with a fireplace that provides comfort and warmth in the wintertime and a covered patio that brings year-round delight. Other highlights of the property include central air, hardwood floors, crown molding, quality fittings & fixtures, plentiful storage and sprinkler system. With transport, schools, shops, dining & leisure facilities within easy reach, this is the ideal place to call home. Be prepared for this to be ‘love at first sight.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017