29
Map
882 Wakefield Drive #C
About This Property
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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 |
|---|---|---|---|
| Mar 11, 2026 | Sold | ||
| Sold | |||
| Jan 16, 2026 | In contract | - | |
| In contract | |||
| Dec 31, 2025 | Listed by Compass RE Texas, LLC - Houston | $470,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
| Oct 25, 2019 | No longer available | - | |
| No longer available | |||
| Sep 21, 2019 | Price Increased |
$392,500
↑ $5K
(1.3%) | |
| Price Increased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/31/2025
|
3 Bed
|
3 Bath
|
2323 ft²
|
$470,000
3 Bed
3 Bath
2323 ft²
|
$470,000
03/11/2026
|
Brandi Wade
Diverse City Realty
| |
|
07/13/2020
|
3 Bed
|
4 Bath
|
2408 ft²
|
$419,900
3 Bed
4 Bath
2408 ft²
|
$407,500
-2.95%
09/23/2020
|
Heather Hill
Trotwood Realty
| |
|
07/23/2019
|
3 Bed
|
4 Bath
|
2286 ft²
|
$387,500
3 Bed
4 Bath
2286 ft²
|
-
-
|
Cynthia Gomez
Fathom Realty
| |
|
02/08/2019
|
3 Bed
|
4 Bath
|
2197 ft²
|
$400,000
3 Bed
4 Bath
2197 ft²
|
$400,000
03/07/2019
|
Samantha Maret
Strata Real Estate
| |
|
01/02/2019
|
3 Bed
|
4 Bath
|
2197 ft²
|
$400,000
3 Bed
4 Bath
2197 ft²
|
$400,000
01/24/2019
|
Samantha Maret
Strata Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017