1 Wells Island
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 |
|---|---|---|---|
| Feb 3, 2016 | Sold | ||
| Sold | |||
| Sep 1, 2015 | Listed by Hope Real Estate Group, Inc. | $459,900 | |
| Listed by Hope Real Estate Group, Inc. | |||
| Nov 9, 2007 | Sold | ||
| Sold | |||
| Aug 29, 2007 | Listed by Sterling Realty | $574,900 | |
| Listed by Sterling Realty | |||
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An Island to call your own! Charming, completely renovated home nestled in the trees on half acre island on Middle Pond, Webster Lake! You’ll have 360 degree panoramic views! Lovely screened porch perfect for lazin’ in the hammock. New applianced kitchen, pantry, formal dining room, fireplaced living room, gleaming hardwoods, new roof, new electric, recently constructed covered wood boat house with dockage for five boats. New floating dock, horseshoe pit, outside shower.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017