869 Wakefield Drive #C
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%.
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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 |
|---|---|---|---|
| Nov 6, 2024 | Sold | ||
| Sold | |||
| Sep 15, 2024 | In contract | - | |
| In contract | |||
| Sep 6, 2024 | Price Decreased |
$495,000
↓ $15K
(2.9%) | |
| Price Decreased | |||
| Aug 17, 2024 | Price Increased |
$510,000
↑ $15K
(3%) | |
| Price Increased | |||
| Aug 5, 2024 | Listed by Walzel Properties - Corporate Office | $495,000 | |
| Listed by Walzel Properties - Corporate Office | |||
| | |||
|
Impeccably maintained Garden Oaks residence with 3 beds, 3.5 baths, 2-car garage, and fenced yard. First floor boasts a bedroom/office with ensuite bath, leading to a spacious back patio. Second floor features high ceilings, abundant natural light, and open kitchen-family room layout. Third-floor primary suite offers a lavish bath with soaking tub, shower, and 2 walk-in closets. Hardwood floors, granite counters, ample cabinets, and stainless steel appliances throughout. Conveniently located near top schools, parks, downtown, bike trails, Galleria, and sports venues. Walking distance to dining, breweries, and cafes. No HOA fees.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/05/2024
|
3 Bed
|
4 Bath
|
2459 ft²
|
$525,000
3 Bed
4 Bath
2459 ft²
|
$490,000
-6.67%
11/06/2024
|
Janice Foteh
Walzel Properties
| |
|
09/06/2022
|
3 Bed
|
4 Bath
|
2459 ft²
|
$485,000
3 Bed
4 Bath
2459 ft²
|
$480,000
-1.03%
10/28/2022
|
David Meek
Leading Edge Realty Services
| |
|
05/20/2022
|
3 Bed
|
4 Bath
|
2317 ft²
|
$464,000
3 Bed
4 Bath
2317 ft²
|
$467,000
+0.65%
06/30/2022
|
Katie Wells
Del Monte Realty
| |
|
06/10/2021
|
3 Bed
|
4 Bath
|
2459 ft²
|
$439,900
3 Bed
4 Bath
2459 ft²
|
$447,500
+1.73%
07/27/2021
|
Holly Hernandez
Keller Williams - Houston Memorial
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017