1 Wello 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 |
|---|---|---|---|
| Aug 5, 2021 | Sold | ||
| Sold | |||
| Jul 1, 2021 | Listed by Coldwell Banker Premier Properties | $379,000 | |
| Listed by Coldwell Banker Premier Properties | |||
| Sep 2, 2017 | Listed | $269,000 | |
| Listed | |||
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You'll feel like "King & Queen of the Culdesac" in this wonderful POOL home on just over half an acre in Pine Lakes. Almost the entire side of the culdesac could be yours...offering lush landscaping and privacy around the entire yard. This home's quality construction & personal touches unique to this long time local builder will catch your eye and make you take notice! Stackable, sliding glass doors surround this LARGE covered & screened lanai, creating a space almost twice the size by joining the indoors & outdoors together. The master suite has his n her vanities, walk in closets, a garden tub & separate shower, as well as it's own separate water heater! The kitchen is open to the family rm w/ island counter bar, a pass-thru window, plus a pantry or two. The 3rd bath doubles as a pool bath with the 4th bedroom right nearby, (possible in law space). Your house may be the "GO TO" for all your friends & family. *NEW ROOF & HVAC in 2014 !! The manager has listed the unit size as 2650 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017