7328 Wake Forrest Drive
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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 20, 2023 | Sold | ||
| Sold | |||
| Aug 17, 2023 | Listed by RE/MAX DFW Associates | $595,000 | |
| Listed by RE/MAX DFW Associates | |||
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MULTIPLE OFFERS RECEIVED! BEST AND FINAL DUE BY 6PM SUNDAY, AUGUST 27TH. Amazing location and neighborhood, walk or bike to White Rock Lake AND the DART rail, feeds to top ranked LAKEWOOD Elementary and just down the street from Ridgewood Recreation Center and splash pad! Completely and tastefully updated doll house has 3 bedrooms and 2 baths, a spacious living area with room for a second dining area or office. The gorgeous kitchen has white cabinets, light granite countertops and stainless appliances with a spacious breakfast nook and extra pantry, storage or room for a baker's rack. Beautiful hardwood floors throughout the living, dining and all 3 bedrooms, bathrooms have been recently updated and you'll love the double closet in the primary bedroom. The driveway is gated and leads to an oversized 2 car garage with workbench and storage space. Shaded back yard surrounded by a board on board fence includes a brick patio for enjoying nature and entertaining friends.
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| Jul 10, 2020 | Sold | ||
| Sold | |||
| May 9, 2020 | Listed by EXP REALTY | $435,000 | |
| Listed by EXP REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017