7318 Wilshire 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 |
|---|---|---|---|
| Dec 7, 2023 | Sold | ||
| Sold | |||
| Sep 15, 2023 | Listed by Orbit Realty Group, LLC | $394,990 | |
| Listed by Orbit Realty Group, LLC | |||
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This beautifully updated 2-story home is located on a large corner lot and has no HOA. It features 4 bedrooms, 2.5 bathrooms, and a spacious floor plan that's perfect for modern living. The open floorplan is great for entertaining with all bedrooms upstairs for added privacy. Enjoy your morning coffee or evening barbecue under the spacious covered patio. This ideal location is close to highways, shopping, restaurants and Lake Ray Hubbard. Recent updates include removal of popcorn ceilings, fresh paint on walls, ceilings, doors and trim, restaining of bathroom and kitchen cabinets, quartz countertops, luxury vinyl flooring and carpet. This home is a must-see!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017