1395 Velda Way
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 |
|---|---|---|---|
| Aug 5, 2025 | Sold | ||
| Sold | |||
| Jun 29, 2025 | In contract | - | |
| In contract | |||
| Jun 26, 2025 | Listed by RE/MAX Prestige Realty/Wellington | $949,900 | |
| Listed by RE/MAX Prestige Realty/Wellington | |||
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Welcome to this immaculate and well maintained 4-bedroom, 2.5-bath pool home located in the highly desirable community of Meadow Wood. Step inside to find a light and bright interior with skylights providing an abundance of natural light. Beautiful plantation shutters, crown molding, and tile flooring throughout enhances the charm of this home. The updated kitchen features white cabinets, a center island, quartz countertops, stainless steel appliances, wine cooler, and plenty of storage space makes this kitchen perfect for entertaining or preparing meals for everyday living. Additional features include a popular split floor plan, open living areas, and vaulted ceilings. Hurricane impact windows and doors along with an air-conditioned garage equipped with a generator and transfer switch ensure you're fully prepared and storm-ready. Step outside to your private backyard oasis featuring a pristine pool with a salt chlorinator, and a large screened lanai with Euro tile decking. A baby gate is included for added security and peace of mind. Whether relaxing or entertaining, this space is designed for comfort and fun. The lush, mature landscaping creates a serene retreat, with a wide variety of fruit trees and natural beauty surrounding the property. The fenced yard is ideal for pets and children to play safely, with a swing set that conveys with the home. Sitting on an amazing ½ acre corner lot, this home offers the perfect blend of privacy, space, and easy living. Enjoy the convenience of being close to Wellington's top-rated schools, shopping, dining, hospitals, airport, and world-renowned equestrian venues. Discover this opportunity to own a truly remarkable home in one of Wellington's most sought-after neighborhoods. Schedule your private tour today and experience the extraordinary lifestyle this home offers at truly an exceptional value.
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| Apr 12, 2018 | Sold | ||
| Sold | |||
| Feb 5, 2018 | Listed by Illustrated Properties LLC (We | $499,900 | |
| Listed by Illustrated Properties LLC (We | |||
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About Meadow Wood of The Landings at Wellington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017