1310 Wellshire Drive
About This Property
Per seller, recent updates include: 2017 - interior repainted, installed engineered wood floors, full gutters and leaf screens installed; 2019 - roof replaced (including two solar-powered roof vents), exterior repainted, one AC compressor and coil replaced; 2021 - other AC coil replaced.
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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 |
|---|---|---|---|
| Jan 12, 2023 | Sold | ||
| Sold | |||
| Jul 20, 2022 | Listed by Energy Realty | $498,000 | |
| Listed by Energy Realty | |||
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One-story home, overlooking the gorgeous golf course! at Falcn Point. This home has everything you could want and more! Open floor plan, tons of natural light, two extra rooms (a sun room off of the living room and a formal living/game room with fireplace), wood floors and tile throughout (no carpet!), fully screened in porch (with electronic, retractable screen!), 3 garage spaces, and a private study/office that has a closet and could easily be a 4th bedroom! The home is down the street from a playground and, as part of the HOA, you have access to the pools, tennis courts, clubhouse, golf course, and more! Must see!!
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| Oct 26, 2021 | Sold | ||
| Sold | |||
| Sep 3, 2021 | Listed by Real Broker, LLC | $434,900 | |
| Listed by Real Broker, LLC | |||
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Rare one-story home in coveted Falcon Point, overlooking the gorgeous golf course! This home has everything you could want and more! Open floor plan, tons of natural light, two extra rooms (a sun room off of the living room and a formal living/game room with fireplace), wood floors and tile throughout (no carpet!), fully screened in porch (with electronic, retractable screen!), 3 garage spaces, and a private study/office that has a closet and could easily be a 4th bedroom! The home is down the street from a playground and, as part of the HOA, you have access to the pools, tennis courts, clubhouse, golf course, and more! Schedule your appointment to see this home today, because it won’t last long!
Per seller, recent updates include: 2017 - interior repainted, installed engineered wood floors, full gutters and leaf screens installed; 2019 - roof replaced (including two solar-powered roof vents), exterior repainted, one AC compressor and coil replaced; 2021 - other AC coil replaced.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017