202 N Ellis Avenue
About This Property
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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.
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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 |
|---|---|---|---|
| Jun 24, 2022 | Sold | ||
| Sold | |||
| Apr 15, 2022 | No longer available | - | |
| No longer available | |||
| Apr 13, 2022 | Listed by Keller Williams Premiere Properties | $685,000 | |
| Listed by Keller Williams Premiere Properties | |||
| Mar 25, 2022 | Listed by Keller Williams Premiere Properties | $735,000 | |
| Listed by Keller Williams Premiere Properties | |||
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You can't get anymore "intown Wheaton" than 202 N. Ellis to walk to the train or all that the downtown restaurants and shops have to offer! This long time family owned home was totally remodeled between 2015-2017 on the first and second floors including opening up areas, moving stairs and adding space. This is unlike other late 1800 homes because it feels solid with new hardwood floors on most of the first floor and all of second floor. The plumbing and electric are updated! The intricate and extensive wood moldings and deep baseboards enhance the historic beauty of this home. The second furnace, 2 air conditioners and hot water heater were replaced in 2016. The typical most expensive improvements were done with a new roof in 2015 and windows done in 2017! The front porch was renewed! The large remodeled kitchen was expanded with white cabinets, white quartz counters, island, farm table large eating space, wainscotting, contemporary lighting and back staircase with iron spindles. There is a first floor bedroom with full bath for inlaws or guests. The first floor also has a front room/office, family room with a fireplace and enclosed enhanced porch off the kitchen. The second floor has 3 bedrooms including the master bedroom and updated master bath, totally remodeled hall bath and large laundry room. The finished third floor with new drywall and insulation is for storage but currently being used as a teen bedroom. This is probably the only historic home with an attached 2 car garage! You will love this home's history - Ella and John Ellis were one of the first owners in the late 1800's. John was a Methodist minister and Ella was from the Erastus and Susan Gary family who were the founders of Wheaton! The manager has listed the unit size as 2480 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017