627 Wheatland Drive
About This Property
The kitchen, updated in 2024, is a chef's dream, featuring modern finishes, ample cabinetry, and generous counter space-perfect for both everyday living and entertaining. The adjoining dining area, surrounded by windows, provides a bright and welcoming space for gatherings.
Retreat to the primary suite, complete with a trayed ceiling, recessed lighting, and private backyard access. Plush carpeting, replaced in 2021, enhances all the carpeted areas throughout the home. The ensuite bathroom, beautifully remodeled in 2024, boasts a luxurious soaking tub, an oversized walk-in shower, and dual vanities for added convenience.
Adding to the home's appeal, the converted garage now serves as guest room, play room or flex space. Outside, the covered patio overlooks a generously sized backyard with a large storage shed and ample space for outdoor activities.
This home has been meticulously maintained with key updates, including a new roof (2021), new AC unit (2022), and window replacements (2023). Don't miss this incredible opportunity-schedule your private showing today!
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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 |
|---|---|---|---|
| Jul 30, 2025 | Sold | ||
| Sold | |||
| Jul 9, 2025 | In contract | - | |
| In contract | |||
| Jun 22, 2025 | Price Decreased |
$425,000
↓ $14K
(3.2%) | |
| Price Decreased | |||
| Jun 2, 2025 | Price Decreased |
$439,000
↓ $11K
(2.4%) | |
| Price Decreased | |||
| May 12, 2025 | Price Decreased |
$450,000
↓ $15K
(3.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017