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948 Whisperoak Drive
About This Property
Step into the formal living and dining areas, where you can create lasting memories with loved ones. The tile that looks like wood adds a touch of elegance and warmth to the entire home. The oversized screened porch is the perfect spot to unwind after a long day, allowing you to enjoy the beautiful Melbourne weather. Outside, you'll find a community park where you can enjoy picnics, walks, and quality time with your family. For the sports enthusiasts, the tennis and pickle ball courts are just a stone's throw away, offering endless opportunities for friendly competition and exercise. The AC and roof are 2017.
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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 |
|---|---|---|---|
| Jul 18, 2024 | Sold | ||
| Sold | |||
| Jul 3, 2024 | In contract | - | |
| In contract | |||
| Jun 26, 2024 | Relisted | $424,900 | |
| Relisted | |||
| Jun 22, 2024 | In contract | - | |
| In contract | |||
| May 30, 2024 | Price Decreased |
$410,000
↓ $15K
(3.5%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017