1941 Shower Tree Way
About This Property
Looking for a big yard to enjoy? This is the one. Over 3/4 acre in the heart of Wellington.
Vaulted ceilings makes this home feel bigger than it is. Split bedroom plan for privacy.
All bedrooms are very spacious.
A/C replaced in 2022. Newer appliances. Exterior freshly painted.
Close to the Wellington Green Mall and Public Library.
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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 8, 2024 | Sold | ||
| Sold | |||
| Jan 16, 2024 | Listed by Atlantic Florida Properties Inc | $579,900 | |
| Listed by Atlantic Florida Properties Inc | |||
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About Eastwood of Wellington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017