311 Wellesley DRIVE
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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 |
|---|---|---|---|
| Mar 28, 2024 | No longer available | - | |
| No longer available | |||
| Mar 13, 2024 | Price Decreased |
$775,000
↓ $50K
(6.1%) | |
| Price Decreased | |||
| Mar 4, 2024 | Listed by Realty Professionals of Boca Raton, LLC | $825,000 | |
| Listed by Realty Professionals of Boca Raton, LLC | |||
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Welcome to this completely renovated home in the College Park area, the hottest neighborhood in East Lake Worth Beach. BRAND NEW hurricane impact windows will be installed March 15th! This home has been thoughtfully upgraded with meticulous detail, while preserving some of its original charm outside with the patio and beautiful brick. At the heart of the home there is the stylishly appointed kitchen, which showcases sleek cabinetry, quartz countertops, and stainless steel appliances. Additionally, there's a spacious laundry room with a washer and dryer. The patio is an extension of the house, leading to the backyard, complete with a sparkling pool, soothing hot tub, and lush landscaping. Don't miss this opportunity to own a slice of paradise, located several blocks from the ocean. The manager has listed the unit size as 1308 square feet.
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| Mar 2, 2024 | No longer available | - | |
| No longer available | |||
| Feb 13, 2024 | Listed by LoKation Real Estate | $849,000 | |
| Listed by LoKation Real Estate | |||
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Welcome to your dream retreat in the coveted community of College Park Historic District, located in the heart of Lake Worth Beach! This meticulously renovated home offers the perfect blend of modern amenities and serene Florida outdoor living. The large backyard is complete with a sparkling pool, soothing hot tub, and lush landscaping. Lake Worth Beach is a vibrant coastal community known for its charming neighborhoods and laid-back atmosphere. Key features include three spacious bedrooms for comfort and relaxation, along with two beautifully appointed bathrooms, perfect for unwinding after a long day. The fully renovated interior boasts modern finishes and designer touches throughout. Additionally, there's a spacious laundry room equipped with a washer and dryer. The manager has listed the unit size as 1308 square feet.
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About Eden Place
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Currently no similar homes aroundNearby Rentals
$3,250 /mo
- 2 Beds
- 1 Bath
- 1,008 ft²
$2,900 /mo
- 3 Beds
- 2 Baths
- 1,466 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017