110 Wells Road
About This Property
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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 |
|---|---|---|---|
| Jun 18, 2025 | Sold | ||
| Sold | |||
| May 28, 2025 | In contract | - | |
| In contract | |||
| Feb 25, 2025 | Price Decreased |
$21,900,000
↓ $2M
(8.4%) | |
| Price Decreased | |||
| Jan 9, 2025 | Price Decreased |
$23,900,000
↓ $3M
(9.8%) | |
| Price Decreased | |||
| May 6, 2024 | Listed by The Corcoran Group | $26,500,000 | |
| Listed by The Corcoran Group | |||
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Located on one of the most ultra prime, sought after tree-lined streets, this level 5 totally renovated 5/6.1 is only second house from the ocean! Extraordinarily scaled, it boasts high ceilings, stunning finishes, easy flowing floor plan and the most magnificent gardens by Nievera-Williams. Its oversized outdoor loggia is an extension of the generous living areas, and an upper terrace adjoins the 3 second floor bedrooms. Designed for the Palm Beach lifestyle, this ''filled with character'' treasure includes a striking Mizner-style beamed living room, a gourmet eat in kitchen, gracious entry, elevator, limestone, marble and wood floors and more. It is truly a move in ready home, you can enjoy immediately.
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About Palm Beach
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Currently no similar homes aroundNearby Rentals
$9,000 /mo
- 3 Beds
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- 1,296 ft²
$7,750 /mo
- 3 Beds
- 2 Baths
- 1,835 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017