138 Wellstone DRIVE
About This Property
Nestled in a serene setting close to the golf course, this stunning Pine Lakes pool home offers unparalleled curb appeal and a tranquil living experience. As you approach, you'll be greeted by lush vegetation and a grand circular driveway leading to an inviting double door entry.
Upon entering, you'll find yourself in a welcoming foyer that opens up to a bright and airy 14 x 14 office, perfectly situated in the center of the home. This office, adorned with elegant glass French doors, provides a picturesque view of the sparkling pool, allowing you to work while keeping an eye on your kids.
The expansive pool area is a focal point of the home, embraced on two sides by the living space, creating a private and inviting oasis. The open-concept kitchen, featuring a central island and a convenient lunch counter, seamlessly flows into the spacious family room. This cozy area, complete with a wood-burning fireplace, boasts triple hidden pocket sliders that open up to the resort-like pool setting, ideal for entertaining or relaxing.
Wake up in the luxurious master bedroom, where French doors offer direct access to the pool area. The exquisitely remodeled master bath includes a generous soaking tub and separate his-and-her sinks, providing a spa-like retreat.
Natural light floods the kitchen and family room through well-placed skylights, enhancing the bright and welcoming atmosphere.
This Pine Lakes pool home is a perfect blend of elegance, comfort, and functionality, making it an ideal choice for those seeking a peaceful and luxurious lifestyle. MOTIVATED SELLER
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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 |
|---|---|---|---|
| Aug 30, 2024 | Sold | ||
| Sold | |||
| Aug 20, 2024 | Relisted | $419,900 | |
| Relisted | |||
| Aug 19, 2024 | In contract | - | |
| In contract | |||
| Jun 12, 2024 | In contract | - | |
| In contract | |||
| Jun 9, 2024 | Price Decreased |
$449,000
↓ $14K
(3%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017