640 Wedelia 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%.
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 |
|---|---|---|---|
| Nov 18, 2025 | Sold | ||
| Sold | |||
| Oct 14, 2025 | In contract | - | |
| In contract | |||
| Oct 11, 2025 | Listed by Real Broker LLC | $99,000 | |
| Listed by Real Broker LLC | |||
| | |||
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Priced to sell and full of potential! This 2-bedroom, 2-bath doublewide in desirable Barefoot Bay offers endless possibilities to make it your own. Features include vaulted ceilings, newer appliances, indoor laundry, and an accessible ramp for easy entry. Enjoy your morning coffee on the cozy enclosed porch with a window-mounted AC, or take advantage of the attached storage room for added convenience. With a little TLC, this home could truly shine! Barefoot Bay residents enjoy access to community pools, tennis, pickleball courts, and much more in this active Florida community
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| Jan 16, 2020 | Sold | ||
| Sold | |||
| Jun 13, 2019 | Listed by Paradise Home Finders | $127,900 | |
| Listed by Paradise Home Finders | |||
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About Barefoot Bay
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017