27241 Wells Lane
About This Property
Enjoy outdoor living with a private pool and spa, covered pergola, and additional workshop/storage space. Ideal for owner-occupants seeking flexibility or investors looking for multiple income opportunities.
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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 20, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Dec 18, 2025 | Listed by Realm Real Estate Professionals - Katy | $475,000 | |
| Listed by Realm Real Estate Professionals - Katy | |||
| Nov 14, 2025 | Sold | ||
| Sold | |||
| Oct 22, 2025 | In contract | - | |
| In contract | |||
| Sep 26, 2025 | Listed by Maven Real Estate Advisors, LLC | $439,900 | |
| Listed by Maven Real Estate Advisors, LLC | |||
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Recently updated brick home with a private pool and spa! This 5-bedroom, 3.5-bath residence includes fully equipped guest quarters with a private living room, full kitchen, bedroom, and bathroom ideal for multi-generational living, long-term guests, or house hacking to generate additional rental income! Inside the main home, upgrades include new flooring throughout, beautifully renovated bathrooms, and new PEX plumbing. The open layout connects the vaulted-ceiling living room with skylights to the den/dining area, private office, and kitchen with breakfast nook. The primary suite offers two closets and a spa-like bathroom. Secondary bedrooms feature sizable closets, with plentiful hallway storage. Outdoors, enjoy the sparkling pool and spa, a covered pergola, and a dedicated workshop area for your future projects and storage. Too many details to list, schedule your showing today!
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Property Highlights
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About Oak Ridge North
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017