4580 WHEELER Avenue
About This Property
New double-pane low-e windows that fill every room with natural light. The home boasts new insulation in the ceiling and walls, providing a snug and inviting atmosphere year-round. The exterior has been thoughtfully renovated, featuring new fencing that provides both privacy and charm. One of the highlights of this property is the brand-new oversized 2-car garage/shop (23'x24', 14' high) with spray foam insulation. This versatile space comes equipped with heating, air conditioning, and electrical connections, making it the perfect workshop or parking haven. The stunning epoxy floor adds a touch of luxury to this functional space. Don't miss the opportunity to make this house your home, schedule your showing today!
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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 |
|---|---|---|---|
| Apr 29, 2024 | Sold | ||
| Sold | |||
| Jan 19, 2024 | Listed by HERRON REAL ESTATE LLC | $299,000 | |
| Listed by HERRON REAL ESTATE LLC | |||
| Oct 23, 2018 | Sold | ||
| Sold | |||
| Jul 12, 2018 | Listed by HERRON REAL ESTATE LLC | $158,650 | |
| Listed by HERRON REAL ESTATE LLC | |||
| Mar 1, 2018 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017