4925 Wichita Circle
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%.
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 |
|---|---|---|---|
| Mar 9, 2018 | Sold | ||
| Sold | |||
| Jul 8, 2017 | Listed | $88,000 | |
| Listed | |||
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Nice home with large county kitchen, 2 pantries, separate laundry room. Great built-in cabinets and shelves. Large living room. 3 bedrooms and 2 baths. Master bedroom is next to a day room, that could be an office or an exercise room. 2 bedrooms have access to backyard. Interesting and nice layout. Has refrigerated AC. No neighbors behind the property - desert area. The home is solid, but needs some TLC. Has doors that need work, needs interior painting, and minor repairs to home are needed. This would be a great homestead for a buyer to use an FHA 203K to update the home. People looking for an investment property would do well to look at this property. Close to shopping, parks, good schools, beautiful view of mountains. Low maintenance xeriscape landscaping is setup for drip system. Nice plants - but overgrown, needs trimming. Diamond in the rough. Don't overlook this one. The manager has listed the unit size as 1450 square feet.
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| Jun 5, 2017 | Listed by Terra Firma Real Estate | $85,000 | |
| Listed by Terra Firma Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017