707 Wendel Street
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 30, 2022 | Sold | ||
| Sold | |||
| Oct 14, 2022 | Listed by Berkshire Hathaway HomeServices Premier Properties | $719,000 | |
| Listed by Berkshire Hathaway HomeServices Premier Properties | |||
| Aug 31, 2020 | Sold | ||
| Sold | |||
| Jun 15, 2020 | Listed by Norhill Realty | $600,000 | |
| Listed by Norhill Realty | |||
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This classic Woodland Heights bungalow has been thoughtfully updated and cared for over the years. Improvements per the current owners include a new roof, water heater, partial HVAC system replacement, new plumbing and sewer line, recessed lighting added, predominantly new windows throughout and plantation shutters. As well the kitchen and both baths have been beautifully updated since 2017. The first floor includes two living spaces, the kitchen and dining room, the second bedroom and guest bath. The full bath on the main level sits conveniently between the guest bedroom and family room. The secluded primary suite sits at the back of the home on the second floor. The landscaped, very private back yard with a deck is an absolute oasis, developed and tended to with great care and attention to detail. See the attached Matterport tour for a virtual walk through of the home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017