614 Wisdom 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 |
|---|---|---|---|
| Aug 24, 2021 | Sold | ||
| Sold | |||
| Aug 9, 2021 | Listed by UTR TEXAS, REALTORS | $229,900 | |
| Listed by UTR TEXAS, REALTORS | |||
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Nice home in the heart of Deer Park! Conveniently located. Split floorplan. Large master suite. Open living and dining room. Gas fireplace. Storm doors on the front and back. Backyard features a covered patio with built in bench and large shed complete with power that could be used for storage, workshop or mancave. House has never flooded per seller. Come see today what this house has to offer your family!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017