2 Wheatfield Way
About This Property
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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 |
|---|---|---|---|
| Mar 12, 2025 | Price Increased |
$561,400
↑ $11K
(2%) | |
| Price Increased | |||
| Dec 18, 2024 | Price Increased |
$550,300
↑ $6K
(1.1%) | |
| Price Increased | |||
| Jul 18, 2024 | Price Increased |
$544,500
↑ $5K
(1%) | |
| Price Increased | |||
| May 8, 2024 | Price Increased |
$539,300
↑ $3K
(0.5%) | |
| Price Increased | |||
| Mar 4, 2024 | Price Increased |
$536,600
↑ $4K
(0.8%) | |
| Price Increased | |||
Property Highlights
2 Wheatfield Way
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Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|
Building Info
About Saratoga
Similar Homes for Sale
Nearby Rentals
Robmar Realty, Inc.
Last Updated: 11 days ago
Data Source: Global MLS , MLS# 202315276
