8 Wagon Lane Loop
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 |
|---|---|---|---|
| May 20, 2021 | Sold | ||
| Sold | |||
| May 7, 2021 | Listed by American Realty | $145,000 | |
| Listed by American Realty | |||
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If you are looking for a convenient location, this is it! Very close to schools, Freedom Park, medical, shopping and major highways plus the subdivision offers a very nice pool with lifeguards, play ground, volleyball court and covered pavilion. The house features a split bedroom floor plan with a recent a/c and water heater. The roof was replaced in 2015 with a WPI-8 on file. You can let the decorator within you wake this property up with fresh paint, flooring and any other updates that you desire.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017