5212 Winifred Drive
About This Property
Property is in an estate, there will be no repairs. Price adjustment is for an as-is sale.
This home, tastefully updated to compliment the original charm and character, is in established Wedgwood. The neighborhood is known for its large mature trees and expansive yards while still close to I-20 and the Hulen corridor. This standout home has considerable updates from: custom cabinets in the kitchen, granite countertops in kitchen and bath, wood floors in the formal living and dining, walk-in shower with double shower head, jetted tub, replacement windows, plantation shutters, and an expansive deck overlooking a huge backyard. From the pretty decorative stone front to the ideal living space deck and backyard, this home is the quintessential desirable Wedgwood home.
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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 |
|---|---|---|---|
| May 4, 2023 | Sold | ||
| Sold | |||
| Feb 17, 2023 | Listed by League Real Estate | $280,000 | |
| Listed by League Real Estate | |||
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About Wedgwood Square
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017