3515 Wellborn Drive
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 |
|---|---|---|---|
| Nov 6, 2024 | Sold | ||
| Sold | |||
| Oct 30, 2024 | In contract | - | |
| In contract | |||
| Sep 25, 2024 | Listed by TADA Realty Group | $149,999 | |
| Listed by TADA Realty Group | |||
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Discover the ideal canvas for your dream home on this stunning 1/4-acre lot in the sought-after community of The Reserve. Enjoy unparalleled privacy with no direct rear neighbors and majestic trees that create a serene retreat. This is one of the last available lots, making it a rare opportunity! Benefit from convenient access to Riverwood Park and exclusive Country Club amenities, perfect for leisure and recreation. You have the freedom to choose your own builder and set your own timeline for construction. Plus, with low taxes, this lot offers a unique blend of luxury and affordability. Don’t miss out on the chance to design your perfect sanctuary in this exceptional location!
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| Aug 2, 2024 | No longer available | - | |
| No longer available | |||
| Jun 22, 2024 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017