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122 Wallace Road
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 |
|---|---|---|---|
| Jun 20, 2025 | Sold | ||
| Sold | |||
| May 12, 2025 | In contract | - | |
| In contract | |||
| May 5, 2025 | Listed | $479,000 | |
| Listed | |||
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Antique charm meets modern comfort in this beautifully reimagined home, located across from the scenic Westville Recreation Area with hiking trails, boating, and more! Featuring 3 large bedrooms, 2.5 baths, and first-floor laundry. This spacious property blends character with convenience. The stunning kitchen boasts luxury cabinets, granite counters, stainless appliances, and a walk-out slider door. Ceramic tile and hardwood floors flow throughout the main level into comfortable upstairs bedrooms. The primary suite offers generous space, scenic views, and upgraded private bath. The second full bath also features granite and tile. Two finished bonus rooms on the third floor, filled with natural light from skylights and windows, add versatile living space and extra storage. An attached carriage house includes a work area, workout room and additional flex rooms —ideal for an office, studio, or guests. Major systems are less than ten years old (plumbing, electrical, windows, siding, etc).
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| Jun 26, 2017 | Sold | ||
| Sold | |||
| Nov 16, 2016 | Listed by ERA Key Realty Services- Spenc | $289,900 | |
| Listed by ERA Key Realty Services- Spenc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017