5629 Wembley Downs Drive
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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 |
|---|---|---|---|
| Jan 25, 2022 | Sold | ||
| Sold | |||
| Jan 1, 2022 | Listed by REDESTIN REAL ESTATE | $320,000 | |
| Listed by REDESTIN REAL ESTATE | |||
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Total remodeled home that offers 4 bedrooms and 2.5 bathrooms in a popular Turf Club Subdivision of Southwest Arlington. Mansfield ISD. Master bedroom is downstairs and 3 other bedrooms upstairs. A formal separate dining room opens to a cathedral vaulted ceilings in the formal living along with a brick fireplace that spans from floor to ceiling, makes for a spacious ambience. New vinyl plank hardwood floors throughout downstairs. Fresh paint and Granite countertop throughout. Kitchen has granite countertops and freshly painted cabinets with eat in kitchen breakfast nook. Convenient access to main highways, Arlington highlands and entertainment district. A must see!
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| Oct 21, 2021 | Sold | ||
| Sold | |||
| Sep 30, 2021 | Listed by JPAR Arlington | $229,900 | |
| Listed by JPAR Arlington | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017