727 Wheatland Drive
About This Property
Upon entering, you are greeted by a spacious living room adorned with a corner fireplace, ideal for cozy gatherings. The formal dining room provides an elegant space for entertaining, while the adjacent breakfast area offers a casual spot for morning meals. Culinary enthusiasts will delight in the well-appointed kitchen, complete with granite countertops and abundant cabinet and counter space, making meal preparation a pleasure.
The convenience continues with a large laundry room featuring a storage closet, ensuring ample room for organization and efficiency. This home's interior layout is designed for both privacy and seamless flow, enhancing daily living and entertaining alike.
Step outside to your personal oasis featuring a spacious brick patio, perfect for al fresco dining and relaxation. The highlight of the outdoor space is the inground pool with a mesmerizing waterfall feature, promising endless summer enjoyment. The large backyard is dotted with mature trees providing shade and a sense of natural beauty, complemented by a storage building offering additional utility.
This property combines the best of indoor and outdoor living, offering a serene retreat within a vibrant community. Experience the beauty and practicality of this McGregor gem, where attention to detail and timeless design come together harmoniously. The seller is also offering a 1 Year American Home Shield Warranty! 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 28, 2025 | Sold | ||
| Sold | |||
| Jun 24, 2025 | In contract | - | |
| In contract | |||
| Jun 22, 2025 | Relisted | $424,900 | |
| Relisted | |||
| Jun 17, 2025 | In contract | - | |
| In contract | |||
| Jun 10, 2025 | Listed by Coldwell Banker Apex, REALTORS | $424,900 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017