187 Wells Cove
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 |
|---|---|---|---|
| Apr 4, 2024 | In contract | - | |
| In contract | |||
| Mar 29, 2024 | Listed by Cedar Frame, LLC | $220,000 | |
| Listed by Cedar Frame, LLC | |||
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This charming, 3 bedroom, 1.5 bath home is nestled at the bottom of a cul-de-sac in the established Hickory Creek subdivision. Set up an office and work from home in the converted garage bonus space or use it as a playroom, exercise room, or second living room. Tile and wood-look vinyl flooring are present throughout the home, making it a great choice for those with pets, young children, or allergies. Only blocks from Veterans Park and the community pool, this home is right where you want to be!
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| Feb 5, 2021 | Sold | ||
| Sold | |||
| Nov 20, 2020 | Listed by Cedar Frame, LLC | $159,500 | |
| Listed by Cedar Frame, LLC | |||
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This charming, 3 bedroom, 1.5 bath home is nestled at the bottom of a cul-de-sac in the established Hickory Creek subdivision. Set up an office and work from home in the converted garage bonus space or use it as a playroom, exercise room, or second living room. Tile and wood-look vinyl flooring are present throughout the home. Outdoors, enjoy a relaxing moment alone on the covered porch swing, or host a holiday get-together in the sizable yard with firepit. Only blocks from Veterans Park and the community pool, this home is right where you want to be!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017