4905 Wheeler Drive
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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 |
|---|---|---|---|
| Dec 30, 2022 | Sold | ||
| Sold | |||
| Nov 2, 2022 | Listed by Keller Williams Urban Dallas | $379,900 | |
| Listed by Keller Williams Urban Dallas | |||
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Come see this fully RENOVATED, move-in ready home located in Lewisville ISD! This gorgeous home offers a welcoming open floor plan, perfect for entertaining guests. The Kitchen offers Quartz countertops, stainless steel appliances, tile backsplash, abundant custom cabinetry, large sink, built-in microwave, and island. Waterproof laminate flooring throughout! The Primary Suite offers a walk-in closet. Rear 2 car garage + CARPORT. Excellent location just minutes from Lake Lewisville in the Colony! Enjoy the nearby Hiking trails, picnic areas, camping, fishing, boating, Stewart Creek park, and sand beach. Location, Location, Location! Just Minutes from Grandscape a 433-acre development, drawing high-end retail, entertainment, hotels, and office space, as well as tourist attractions! Tesla SOLAR PANELS! Buyer will need to apply and assume panels! Schedule your Showing today!...
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| Jul 20, 2022 | Sold | ||
| Sold | |||
| Jun 20, 2022 | Listed by Keller Williams Urban Dallas | $249,000 | |
| Listed by Keller Williams Urban Dallas | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017