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1737 Wellesley Drive
About This Property
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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%.
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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 22, 2024 | Sold | ||
| Sold | |||
| Aug 4, 2024 | Listed by Coldwell Banker Realty | $998,900 | |
| Listed by Coldwell Banker Realty | |||
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Welcome to this Wonderful Single Story Home with a Huge Backyard! Light and open floor plan! The living room features a floor to ceiling brick fireplace, and sliding doors open to an inviting deck that is ideal for entertaining. The formal dining area has a charming bay window and opens to the living room and the kitchen. The updated kitchen features granite counters, a gas range & updated white cabinets. The primary bedroom includes a full wall closet with mirrored doors and an en suite primary bath with upgraded tile, vanity and walk in shower. There are 3 other spacious guest bedrooms, one with vaulted ceiling and ceiling fan. The guest hall bath has a granite counter vanity and upgraded tile. The guest powder room & hall guest bath were recently painted. Upgrades include smooth ceilings, windows replaced, furnace & AC replaced and hardwood floors. Built on a raised foundation, this home has a two car direct access garage with a new concrete floor replaced 8/2024, and a roll up garage door with an auto opener. The Enormous Private backyard has a large raised deck with a patio cover for entertaining family and friends. The deck has a ramp for wheelchair access. The large lot is appx.13,950 sq. ft. and has room for an ADU, a swimming pool, sport court, or use your imagination! This home has an excellent location in a highly desirable neighborhood near restaurants, shopping centers, parks, the library, teen center and senior center! Award winning Conejo School District! There are no HOA fees. This is an incredible Value!! Make this well maintained home in a tranquil setting yours today! Hurry! This will not last!
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About Thousand Oaks
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017