4 Wellesley Rd
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 |
|---|---|---|---|
| Oct 17, 2017 | Sold | ||
| Sold | |||
| Feb 1, 2017 | Listed by Rutledge Properties | $425,000 | |
| Listed by Rutledge Properties | |||
| Jun 20, 2013 | Sold | ||
| Sold | |||
| Apr 13, 2013 | Listed by Rutledge Properties | $318,500 | |
| Listed by Rutledge Properties | |||
| | |||
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2 STORY, TOTAL 1,652 S.F. JUST OFF RT. 9. COULD HAVE SIGNAGE SEEN BY RT. 9 CURRENT USE – RIGHT ½ OF 1ST FLOOR IS A 4 STATION HAIR SALON, VACANT, LEFT ½ OF FIRST FLOOR IS KITCHEN & LIVING ROOM OF APT. ENTIRE 2ND FLOOR ARE THE BEDROOMS & BATHROOM OF THE 2BR. APT. RENT IS $1,385/M. VACATING 6/15, UTILITIES INCLUDED. TENANT-AT-WILL. NICE BLDG FOR OWNER OCCUPIED BUSINESS OR INVESTOR. PRICED BELOW ASSESSMENT. SELLER WANTS QUICK CLOSING. 24 HOURS NOTICE TO SHOW APT. FULL BASEMENT. NEW HEAT & DECK
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| Apr 1, 2013 | Listed by Rutledge Properties | $318,500 | |
| Listed by Rutledge Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017