40 Wickapecko Drive
About This Property
split level home has been fully renovated & tastefully designed for its next owner. Beautiful tile work throughout. Original HDWD floors & a private newly constructed primary suite that offers privacy & serenity w/o being too far from all the action. A second ensuite is located on the 3rd fl, along with 2 additional bedrooms. All equipped w/built-in closet systems. Chef's kitchen w/custom cabinetry, SS appliances & quartz counters, perfect for entertaining. Just off the kitchen is a FR with a brand new wet bar & wine fridge & offers a great space for overlooking the well-appointed new paver patio. Additional features include a
new roof, windows, gutters, HVAC, HWH & W/D. Low taxes. Close to beach & boardwalk.
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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%.
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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 |
|---|---|---|---|
| Apr 28, 2023 | Sold | ||
| Sold | |||
| Feb 14, 2023 | Listed by Berkshire Hathaway HomeServices Fox & Roach - Ocean | $1,099,000 | |
| Listed by Berkshire Hathaway HomeServices Fox & Roach - Ocean | |||
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About Interlaken
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017