19107 Wells 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%.
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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 |
|---|---|---|---|
| Sep 18, 2024 | Sold | ||
| Sold | |||
| Aug 25, 2024 | In contract | - | |
| In contract | |||
| Jul 17, 2024 | Listed by The Beverly Hills Estates | $2,950,000 | |
| Listed by The Beverly Hills Estates | |||
| Mar 8, 2020 | No longer available | - | |
| No longer available | |||
| Jan 27, 2020 | Listed | $2,195,000 | |
| Listed | |||
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Welcome to this magnificent south of the boulevard private gated Mediterranean Estate. This estate is complimented with stunning wood floors and designer touches. It is suited for every day comfort and luxury, as well as entertaining large gatherings of family and friends. This property evokes a one-of-a-kind lifestyle for someone seeking a tranquil retreat. Elegant 2-story villa remodeled in 2014, boasts 4 bedrooms, 5 bathrooms, a grand living room with fireplace and coffered ceiling, formal dining room, chef's kitchen and private den on the first floor. On the second floor, you will enjoy the oversized master suite with fireplace featuring a private sitting room, two walk-in closets, a stunning 'resort style' master bath, and a balcony overlooking a secluded backyard surrounded by mature and fruit trees. There are three other spacious bedrooms and bathrooms, as well as the laundry room. Enter the lush tropical large backyard, perfect for entertaining, offering an outdoor cooking kitchen area, swimming pool, covered patio space, large grassy yard and a covered concrete rear porch. Parking includes a 2-car garage with a large gated circular driveway. DON'T MISS IT! The manager has listed the unit size as 4000 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017