194 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 2, 2024 | Sold | ||
| Sold | |||
| Jun 29, 2024 | In contract | - | |
| In contract | |||
| Jun 10, 2024 | Listed by RE/MAX Prof Associates | $425,000 | |
| Listed by RE/MAX Prof Associates | |||
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Charming Antique Colonial on 18.63 ACRES, bordered by the Brimfield State Forest! Relax in your private yard watching the birds, listening to a lovely babbling brook & overlooking acres of conservation land! Step back in time to a fully applianced kitchen c.1750 w/slate floor & dining peninsula that opens to an old fashioned "cold room" for canning & storage. Spacious dining rm w/original floors & wide chestnut wainscoting leads to a quaint covered porch. Family room w/stunning hand painted stencils, hard yellow pine floors & stone fireplace w/wood stove liner. 1st floor main bedroom w/custom "corn crib" closet, updated office w/french doors opens to a sweet screened-in sleeping porch. 2 good sized 2nd floor bedrooms w/den/play rm or dressing rm w/huge walk-up attic flex space. Mud rm leads to a 2 car open garage w/storage. Need studio space? There's a HUGE chicken coop made into a very cool workshop w/electricity. Only 15 min to the MA Pike in Stur & Palmer or RT 84 in Holland to Ct!
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| Nov 20, 1985 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017