89 Wheeler Ave
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 |
|---|---|---|---|
| Oct 18, 2024 | Sold | ||
| Sold | |||
| Sep 16, 2024 | In contract | - | |
| In contract | |||
| Sep 11, 2024 | Listed by LAER Realty Partners | $330,000 | |
| Listed by LAER Realty Partners | |||
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I am thrilled to present this charming two-bedroom, one-bathroom home in Orange, Massachusetts. Nestled on a stunning acre of land, this property features a convenient mudroom on the first floor, complete with washer and dryer hookups for added functionality. The eat-in kitchen features a breakfast bar and offers plenty of space for a dining table, making it perfect for meals. The living room is filled with natural sunlight, creating a warm and inviting atmosphere. The finished second floor offers the potential for a great master suite with some modifications. The septic system, installed in 2021, is designed for three bedrooms, providing further room for expansion. Additional highlights include a full basement for ample storage, a one-car garage, and a spacious three-season porch that overlooks the expansive yard, perfect for enjoying the outdoors. This home offers both comfort and convenience. Open houses on Saturday, don’t miss the opportunity to make this lovely property your own!
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| Oct 17, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017