537 Wingspan Way
About This Property
Seller paid HOA special assessment $3870 for roof replacement completed July 2025. Very desirable townhome with attached 1-car garage located south of I-10. Interior tastefully updated ($23,913 investment) showcasing modern fixtures, new appliances, new paint and carpet, luxury vinyl flooring in living room, 50-gal hot water heater, blinds throughout, fans, light fixtures, Honeywell thermostats, etc. Living room is filled with natural light offering a warm and spacious feel. Well-designed kitchen with functional layout makes cooking great. Walk-in closets in all three bedrooms add extra convenience. Home backs to a nature preserve for tranquility and privacy. Visitor parking across street. Community Pool.
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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 |
|---|---|---|---|
| Nov 20, 2025 | Sold | ||
| Sold | |||
| Nov 19, 2025 | In contract | - | |
| In contract | |||
| Nov 15, 2025 | Relisted | $207,000 | |
| Relisted | |||
| Sep 30, 2025 | In contract | - | |
| In contract | |||
| Sep 20, 2025 | Price Decreased |
$199,000
↓ $4K
(1.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017