51 E Wedgemere Circle
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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 18, 2024 | Sold | ||
| Sold | |||
| Sep 16, 2024 | In contract | - | |
| In contract | |||
| Sep 12, 2024 | Listed by RE/MAX Integrity | $1,175,000 | |
| Listed by RE/MAX Integrity | |||
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This truly custom, completely updated home offers 4/5 bedrooms, 3.5 baths, & a spacious 3-car garage. The interior boasts beautiful hardwood floors throughout, shutters on windows, an abundance of built-ins, & elegant wainscoting downstairs. The upstairs features 3 additional bedrooms, a game room, a workout room that can double as a 5th bedroom, & an oversized bonus room above the garage, providing ample space for everyone. Step outside to your backyard paradise, complete with stylish pavers, a saltwater pool and spa, a covered patio perfect for entertaining, extra grass space for play or relaxation & a WHOLE house generator. New fence (2023), new garage floor epoxy (2024), interior of home repainted (2024), new upstairs A/C unit (2023), & downstairs A/C unit was replaced in 2018. Centrally located in The Woodlands & biking/walking distance from David Elementary & Collins Intermediate. This home is move-in ready with a perfect blend of style, comfort, & functionality. Watch the video!
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About The Woodlands
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017