612 Wheelwright Road
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%.
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 |
|---|---|---|---|
| Feb 25, 2025 | Sold | ||
| Sold | |||
| Feb 6, 2025 | In contract | - | |
| In contract | |||
| Jan 29, 2025 | Listed by Moor Realty Group | $100,000 | |
| Listed by Moor Realty Group | |||
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Attention builders, investors and contractors! This cozy cape located on half an acre is ready to be restored to its former beauty. Property is being sold AS IS. This is NOT a bank owned property. Seller makes no warranties or representations. Buyer/Buyer's Agent to do their own due diligence. Buyer responsible for smoke certificate. Will not qualify for FHA, VA, or conventional financing. OFFER DEADLINE: Monday, February 3rd at Noon.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017