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4828 Wren Road
About This Property
Inside, the 2 bedroom, 1 bathroom home has a comfortable layout with a large living room, dining area, roomy kitchen, central heating and air and plenty of natural light. A screened in front porch and large covered back patio provide two great places to enjoy the desert weather and views.
The backyard feels private and open, with room for outdoor living, a spa, pool, desert landscaping, or a possible ADU. The side and rear yard are fully fenced with double gated access. A circular driveway, covered RV parking, detached garage with adjoining workshop and storage sheds add even more functionality.
The all electric home also includes leased solar, an updated electrical panel and an included backup generator with a dedicated connection to the home. With its acreage, views, location and room to make it your own, this property could become a full time home, weekend escape, or short term rental.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 6, 2026 | Sold | ||
| Sold | |||
| Sep 11, 2026 | In contract | - | |
| In contract | |||
| Aug 22, 2026 | Listed by Cherie Miller & Associates | $205,000 | |
| Listed by Cherie Miller & Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017