814 CADDINGTON AVE
About This Property
The owner's bedroom on this level boasts hardwood floors, an updated bathroom, and ample closet space. Two additional well-appointed bedrooms, a full bath off the hallway, and a linen closet complete the main level.
Venturing to the lower level, you'll find a versatile bedroom/office adorned with wall-to-wall carpeting, a convenient half bath, a spacious closet, and a large rec room with a door leading to the rear yard. The lower level also houses a utility room equipped with washer and dryer machines, as well as generous storage space. Situated on a generous 0.23-acre lot, this home features a private backyard and a one-car driveway. Its prime location offers easy access to Northwood High School, Wheaton Regional Park, the newly renovated and trendy downtown Wheaton, an array of diverse, multi-ethnic restaurants, shopping centers, places of worship, public transportation, and convenient access to I-495 and the ICC.
Don't miss the opportunity to explore this wonderful home!
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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 |
|---|---|---|---|
| Feb 1, 2024 | Sold | ||
| Sold | |||
| Jan 8, 2024 | In contract | - | |
| In contract | |||
| Dec 31, 2023 | Relisted | $575,000 | |
| Relisted | |||
| Dec 26, 2023 | In contract | - | |
| In contract | |||
| Dec 14, 2023 | Listed by Long & Foster Real Estate, Inc. | $575,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
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About Kemp Mill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017