8 Wheeler Court
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 |
|---|---|---|---|
| Apr 4, 2025 | Sold | ||
| Sold | |||
| Mar 13, 2025 | In contract | - | |
| In contract | |||
| Feb 28, 2025 | In contract | - | |
| In contract | |||
| Feb 3, 2025 | Listed by Coldwell Banker American Homes | $449,990 | |
| Listed by Coldwell Banker American Homes | |||
| | |||
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Enjoy privacy, low taxes and scenic river views from this charming 2–3 bedroom home, set on a serene .30-acre lot. Features include hardwood floors, oil baseboard heating, and four new ductless split systems for both heat and air conditioning. Additional highlights include a Peerless cast iron burner (2014), propane gas cooking, Andersen windows, a sun-drenched family room, PVC fencing, an electric car home charger, and a spacious deck perfect for outdoor enjoyment.
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| Aug 25, 2022 | Sold | ||
| Sold | |||
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About East Patchogue
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$2,895 /mo
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$3,100 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017