19454 Wells Drive
About This Property
sprawling floorplan of approximately 2600 square feet to the huge patio and pool, this place screams renovate me! There is evidence of some settling around the doors and foundation due to damage from a tree falling on t he roof of the property and ensuing water intrusion. See supplements for complete report. Buyer to investigate fully. The list price represents the minimum acceptable bid the seller will accept for the 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 |
|---|---|---|---|
| Jan 2, 2018 | Sold | ||
| Sold | |||
| Oct 6, 2017 | Listed by REAL HOME SERVICES & SOLUTIONS | $797,500 | |
| Listed by REAL HOME SERVICES & SOLUTIONS | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017