48 Wedgewood 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%.
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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 |
|---|---|---|---|
| Oct 15, 2024 | Sold | ||
| Sold | |||
| Aug 2, 2024 | In contract | - | |
| In contract | |||
| Jun 28, 2024 | Listed by RE/MAX Classic Realty | $985,000 | |
| Listed by RE/MAX Classic Realty | |||
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Elegant and graceful, this stately built Colonial is situated on almost 5 magnificent and private acres with brick entrance driveway. Two Story Entrance Hall with sweeping staircase. Main level features family room with stone fireplace, Livingroom with fireplace, formal dining room, sunroom that over looks pool and walks out to deck with retractable awning. Modern Eat-In Kitchen, with Sub Zero refrigerator and Brubaker cabinets. Spacious Primary bedroom with walk- in closet, luxurious bath, and separate shower. Three additional Bedrooms and Guest Suite. Finished Lower Level with Recreation Room, wet bar, and dry sauna. Heated Garages for five cars. Resort like property with inground pool, patio with firepit, par 3 golf area, gazebo, doll house, chicken coop, and koi pond. Offering a respite from the everyday bustle, yet minutes to shopping, schools, highways and Metro-North RR. Additional Information: ParkingFeatures:4+ Car Attached, Amenities: Sauna,
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| Sep 25, 1997 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017