2 Wells Street
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 |
|---|---|---|---|
| Oct 9, 2015 | Sold | ||
| Sold | |||
| Aug 27, 2015 | Listed by LAER Realty Partners | $475,000 | |
| Listed by LAER Realty Partners | |||
| Aug 29, 2005 | Sold | ||
| Sold | |||
| Jul 9, 2005 | Listed | $385,000 | |
| Listed | |||
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Updated cape on corner lot surrounded by stately trees, green grass and other landscaped homes. Easy access for commuters,close to tennis court,Dug Pond and playground. Safe street with partially fenced yard and new Melrose Design Deck off kitchen. Living room with fireplace and wood burning stove. Comfortable family room boasts bay window,skylight and cathedral ceilings. Open floor plan provides smart use of space in this desirable, ready to sell property.
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| Sep 29, 1997 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017