5482 Wetlands Dr
About This Property
Upstairs, convenience meets luxury with a centrally located laundry room and a versatile loft area. The owner's suite is a true sanctuary, offering a spacious walk-in closet and a luxurious 5-piece bath. Three additional bedrooms and a full bathroom complete the upper level, providing plenty of space. Step outside to the beautifully landscaped backyard, highlighted by a custom pergola with an adjustable shade-ideal for hosting outdoor gatherings or enjoying peaceful evenings. This home also boasts a coveted 3-car garage for vehicles, storage, or hobbies, as well as an unfinished basement ready for your personal touch. Don't miss the opportunity to make this stunning home yours-schedule a showing today!
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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 |
|---|---|---|---|
| May 22, 2025 | Sold | ||
| Sold | |||
| May 2, 2025 | In contract | - | |
| In contract | |||
| Apr 23, 2025 | In contract | - | |
| In contract | |||
| Mar 28, 2025 | Price Decreased |
$589,000
↓ $10K
(1.7%) | |
| Price Decreased | |||
| Mar 13, 2025 | Price Decreased |
$599,000
↓ $16K
(2.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017