7504 WHEAT RD Road
About This Property
3Bed/2Bath completely Renovated ,Corner Lot, Brick and Block with Large metal building with electricity already present. Newly Screened in patio. New Flooring throughout, Fresh paint ,New Kitchen with stainless steel appliances. New Bathrooms,Windows,doors Lots of NEW everything.Lots of Storage,Laundry room w/ washer dryer hookup, Corner lot with large back yard! Come and Make the Metal building what you like, currently its set up like a workshop. Put in a window unit and make it livable. Close to Everything. High School Elementary School, Publix and So much more. A must see for sure. Listing agent also owner.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 18, 2024 | Sold | ||
| Sold | |||
| Oct 9, 2024 | In contract | - | |
| In contract | |||
| Sep 21, 2024 | Price Increased |
$229,700
↑ $2K
(1%) | |
| Price Increased | |||
| Aug 31, 2024 | Price Decreased |
$227,500
↓ $11K
(4.6%) | |
| Price Decreased | |||
| Aug 20, 2024 | Price Decreased |
$238,500
↓ $7K
(2.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017