5847 WILSON ROAD
About This Property
The spacious owner's suite has sliding glass door access to the lanai, high ceilings, a large walk-in closet, and an En-suite bathroom. The owner's bath features a spacious walk-in shower, a raised double sink vanity with new faucets, a large linen closet, and a highly desired private water closet with a new toilet. The open great room has high ceilings and a "disappearing" sliding door to the lanai, which overlooks the conservation area. The formal dining room features a high trey ceiling and quick access to the kitchen. The kitchen features solid oak cabinets, gleaming granite counters, a walk-in pantry, a plant/display shelf, a breakfast bar, plus a bay window breakfast nook. The laundry room leads to the OVERSIZED 2.5 car garage, which provides always-needed extra storage space. Extras include new bedroom carpets; many new lights and fans; new valances and blinds; updated appliances; a screened entry porch; a paver circular driveway (Jan. '25); hurricane shutters; 'no see um" screens on the lanai; energy efficient solar film on West facing windows; new HVAC in '18; new roof in '22. NOTE: $4000 Paint Allowance with acceptable offer - Pick your own Colors!
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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 |
|---|---|---|---|
| Apr 14, 2025 | Sold | ||
| Sold | |||
| Mar 22, 2025 | In contract | - | |
| In contract | |||
| Mar 5, 2025 | Price Decreased |
$419,900
↓ $36K
(7.8%) | |
| Price Decreased | |||
| Feb 11, 2025 | Price Decreased |
$455,500
↓ $19K
(4%) | |
| Price Decreased | |||
| Sep 3, 2024 | Listed by MEDWAY REALTY | $474,500 | |
| Listed by MEDWAY REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017