22 Wellman 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 |
|---|---|---|---|
| Jul 31, 2002 | Sold | ||
| Sold | |||
| Jun 18, 2002 | Listed by Essex Realty Group | $289,000 | |
| Listed by Essex Realty Group | |||
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HISTORIC GOAT HILL AREA, BUNGALOW WITH ARTS AND CRAFT PERIOD DETAIL, ENCLOSED FRONT PORCH, FINISHED BASEMENT, WORKBENCH AND WALKOUT BASEMENT, LARGE FENCED YARD, OFF STREET PARKING,NEW BATH WITH MARBLE COUNTERTOP AND IMP. TILE
| |||
| Sep 29, 2000 | Sold | ||
| Sold | |||
| Aug 22, 2000 | Listed by Carlson GMAC Real Estate | $179,000 | |
| Listed by Carlson GMAC Real Estate | |||
| Aug 19, 1994 | Sold | ||
| Sold | |||
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