7303 Wake Forrest 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 |
|---|---|---|---|
| Sep 5, 2023 | Sold | ||
| Sold | |||
| May 25, 2023 | Listed by Paragon, REALTORS | $1,125,000 | |
| Listed by Paragon, REALTORS | |||
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Stunning, like-new home in desirable Lakewood Elementary school district. This midcentury home has been completely remodeled with the addition of a second level, new kitchen, luxurious master suite, and more. Designer kitchen features abundant custom cabinetry, quartz countertops, gas range, double ovens, and oversized island all open to the living and dining areas, perfect for entertaining. Large open living area includes walnut built-ins, modern gas fireplace, and picture windows leading to the expansive private backyard. Primary wing downstairs includes the primary suite with ensuite bath and dual closets, as well as a separate office or nursery. Upstairs you will find another three bedrooms, two bathrooms, and living area. Come check out this unique home that blends true midcentury style with all of today's luxuries.
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| Dec 20, 2019 | Sold | ||
| Sold | |||
| Apr 26, 2019 | Listed by Compass RE Texas, LLC. | $389,000 | |
| Listed by Compass RE Texas, LLC. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017