108 WELLESLEY BLVD
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 27, 2025 | Sold | ||
| Sold | |||
| Oct 24, 2024 | Listed by Phyllis Browning Company | $675,000 | |
| Listed by Phyllis Browning Company | |||
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This wonderful updated house features a charming covered front porch with a tiled floor, providing a welcoming entrance. Inside, you'll find an updated kitchen equipped with granite countertops that flows seamlessly into the dining area and the spacious great room, which boasts a vaulted ceiling for an airy feel. There are two beautifully updated bathrooms that enhance comfort and functionality. The property sits on a generous .37-acre lot, with a privacy fence offering a substantial backyard perfect for outdoor activities or gardening. Additional amenities include a covered patio ideal for relaxation or entertaining and covered parking available for two cars behind an electric gate, ensuring security and protection from the elements. Overall, this home combines modern upgrades with ample outdoor space, making it a great option for potential buyers.
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| Jan 9, 2020 | Sold | ||
| Sold | |||
| May 16, 2019 | Listed by Homecity Real Estate | $414,999 | |
| Listed by Homecity Real Estate | |||
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Dual peninsulas with seating for 12, accented by professional appliances w/gas range. The kitchen is Chef's Dream Come True, and the heart of this updated home. Coffee bar / buffet w/ built-in microwave. Abundant Storage! Expansive master suite shines: High ceiling, His + Hers Walk-In Closets, travertine! This renovated home masterfully blends original mid-century elements with 21st century living / open concept + wi-fi HVAC. Enjoy views of your over-sized corner lot through upgraded windows. Large Laundry!
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| Feb 10, 2012 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017