1306 Wellshire Drive
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 |
|---|---|---|---|
| Dec 15, 2020 | Sold | ||
| Sold | |||
| Aug 7, 2020 | Listed by Century 21 Alpha Associates | $436,500 | |
| Listed by Century 21 Alpha Associates | |||
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Light, bright and airy, this single level home is just moments from The Club at Falcon Point. Arrive via the grand entry to the main living area boasting ceilings adorned with crown molding, engineered hardwood and tile floors in the living spaces, and new carpet in bedrooms. Fresh, neutral interior color palette. The functional great room floor plan offers a formal dining and high ceilings creating an open feel. The entertainer’s kitchen is complete with appliances, light countertops, and dine-in breakfast island. The master suite is a private retreat, with spectacular views, direct access to the back patio, a huge closet and an expansive bathroom. Home features custom built-ins, 2 fireplaces, a den or study, and a spacious laundry room and plenty of storage. Professionally landscaped low maintenance front/backyard with dining terrace, grass lawn, backing up to the golf course. Potential in-law suite with private access from the garage. Schedule a showing to your dream home TODAY!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017