15 Wales Rd
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 4, 2023 | Sold | ||
| Sold | |||
| May 27, 2023 | In contract | - | |
| In contract | |||
| May 7, 2023 | Listed by Sullivan & Company Real Estate, Inc. | $550,000 | |
| Listed by Sullivan & Company Real Estate, Inc. | |||
| Aug 8, 2016 | Sold | ||
| Sold | |||
| Apr 14, 2015 | Listed by Janice Mitchell R.E., Inc | $400,000 | |
| Listed by Janice Mitchell R.E., Inc | |||
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Antique colonial designed by well know Brimfield architect Elias Carter and built in 1826 for the Hitchcock family sits on a professionally landscaped 3 acre parcel in the Brimfield Historic District. Walk to the center of town, school and the Brimfield Antiques Shows. Step into the backyard for privacy and beautiful country views of East Brook, historic stone walls, gardens, and mature trees. This home has nearly 5000 sq.ft of living area with additional unfinished space ready to be finished. In 2010, a new septic was built for an 6 bedroom home. Wonderful opportunity for a bed & breakfast business!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017