151 Wells St
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 |
|---|---|---|---|
| Jul 1, 2025 | Sold | ||
| Sold | |||
| Jun 3, 2025 | In contract | - | |
| In contract | |||
| May 28, 2025 | Listed | $315,000 | |
| Listed | |||
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Why pay rent when you can own this historic, 4-5 BR 1.5BA house. Built by Greenfield mason Robert E. Pray, and lovingly restored over the past 3 years. The first floor has a large living room, dining room, and eat-in kitchen with stainless appliances. A half bath completes this level. Upstairs 3 Bedrooms and a full bath. Refinished hardwood floors throughout the first 2 levels. The 3rd floor (not included in public records) has 3 additional rooms with heating, wall to wall, closets and overhead lighting. This flexible layout allows for many uses, an extra BR, home office or storage. Many updates including all new electricity. Freshly painted throughout.. Basement has high ceilings with washer and dryer to stay as gifts. Steam radiators and a new oil tank. Gas hot water & cooking. Large Level lot with a new cobblestone patio. Professional landscaping. Improved driveway & 2 car garage. Low taxes. Close to rt. 2, 5 and 10. Don't miss this one. First showings at OH Sat / Sun 12-1:30
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| Jan 13, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Jan 4, 2025 | Relisted | $349,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017