7340 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 |
|---|---|---|---|
| Dec 7, 2020 | Sold | ||
| Sold | |||
| Nov 26, 2020 | No longer available | - | |
| No longer available | |||
| Nov 12, 2020 | Listed by Compass RE Texas, LLC. | $419,000 | |
| Listed by Compass RE Texas, LLC. | |||
| Oct 21, 2020 | No longer available | - | |
| No longer available | |||
| Oct 21, 2020 | Listed | $425,000 | |
| Listed | |||
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The Total Package! Located in Exemplary LAKEWOOD ELEMENTARY! The best home, at the best price, in the best school! This stunning, completely renovated home is a must see. The list of upgrades include New HVAC, New Fence & Pergola, New Appliances, New Crown Molding, New Electrical Panel and the list goes on! All of this in on a large corner lot with a fantastic oversized two car garage. Your house is minutes away from the Katy Trail Extension, Santa Fe Trail, Dallas Arboretum and White Rock Lake. The manager has listed the unit size as 1464 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017