7301 Wyoming Street
About This Property
The FRONT HOUSE offers TWO BEDROOMS AND ONE BATHROOM, while the BACK HOUSE includes TWO BEDROOMS AND ONE AND A HALF BATHROOMS. There's also a TWO-CAR GARAGE attached to one of the units, plus a LONG DRIVEWAY providing ample off-street parking.
The R5 zoning opens the door for possible multi-unit expansion, ADU additions, or a full-scale redevelopment-LET YOUR IMAGINATION RUN WILD. Whether you're looking to fix and flip, build and hold, or turn this into a rental income powerhouse, this is your canvas.
Located near shopping, dining, schools, and easy freeway access, this is one of those rare chances to turn potential into profit. Don't miss your shot to develop in one of Westminster's sought-after neighborhoods.
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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 |
|---|---|---|---|
| May 23, 2025 | Sold | ||
| Sold | |||
| Apr 23, 2025 | Listed by Seven Gables Real Estate | $1,200,000 | |
| Listed by Seven Gables Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017