9 Wedgewood Place
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 22, 2024 | Sold | ||
| Sold | |||
| Sep 22, 2024 | In contract | - | |
| In contract | |||
| Sep 19, 2024 | Listed by Century 21 Classic Gold | $290,000 | |
| Listed by Century 21 Classic Gold | |||
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One level living and located approximately 2 miles from Onset Beach and Independence Point. Quick access to highway and area amenities including shopping, restaurants and attractions. Wood flooring in the bedrooms and living room and according to public the roof was done in 2014. The house was built in the 1930s and has been family owned since. Seller has never occupied and makes no guarantees or warranties. Buyer and buyer's agent to do due diligence.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017