5662 Vega Drive
About This Property
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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%.
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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 |
|---|---|---|---|
| Jun 4, 2021 | Sold | ||
| Sold | |||
| Apr 30, 2021 | Listed by Ebby Halliday, REALTORS | $260,000 | |
| Listed by Ebby Halliday, REALTORS | |||
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Multiple offers received. Best and final by 6 pm, Monday May 3rd. The strong curb appeal and beautiful landscaping is just the beginning! From the moment you enter, you'll be charmed by the warm hardwoods, plantation shutters, combined formals, living room with beam ceiling and wood burning fireplace. The kitchen has double ovens and ample storage. Master bedroom has two closets. The 4th bedroom is separate from the others and makes a great office. There is a natural transition into the backyard which boasts a recirculating pond filled with goldfish, water lilies, horse tail and water iris. Relax on the wooden deck with pergola. $42k Decra metal roof installed 4 years ago & new electrical box in 2020.
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About Wedgwood East
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017