146 Wellesley Drive
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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 |
|---|---|---|---|
| May 28, 2026 | Sold | ||
| Sold | |||
| May 3, 2026 | In contract | - | |
| In contract | |||
| Apr 26, 2026 | Listed by Illustrated Properties | $734,500 | |
| Listed by Illustrated Properties | |||
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Brand new roof (2026), impact windows (2025), and fully renovated bathrooms (2025) headline this move-in ready home in the highly sought-after College Park neighborhood east of U.S. 1. NO HOA and NO pet restrictions—bring all your dogs! Tile flooring throughout with a versatile split-bedroom floor plan, ample closet space, and overhead garage storage. Fully fenced private backyard with two patios, including new paver patio (2025), perfect for relaxing or grilling. Lush tropical landscaping features avocado, coconut, plumeria, hibiscus, and more. Paver driveway and walkway (2024), new stainless refrigerator (2025), updated electrical panel and water heater (2016). Located in a non-flood zone just a short walk to the Intracoastal, with easy access to beaches, I-95, PBIA, and downtown and downtown Lake Worth Beach, West Palm Beach, and Palm Beach.
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| Sep 22, 2016 | Sold | ||
| Sold | |||
| Jul 22, 2016 | Listed by Home Free Today Realty | $295,000 | |
| Listed by Home Free Today Realty | |||
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About College Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017