4 Wellington Lane
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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%.
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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 |
|---|---|---|---|
| Dec 13, 2021 | Sold | ||
| Sold | |||
| Nov 20, 2021 | Listed by Texas State Realty | $619,000 | |
| Listed by Texas State Realty | |||
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Stunning 4 bedroom in Wedgewood w/ heated pool and no back neighbors! Southern Living style in this one of a kind home. Full of upgrades to include Thermador gas range, outdoor shower, whole home generac, sprinkler system, and water softner. The charming front porch is perfect for morning coffee, or sit on the back patio by the pool and enjoy watching the deer. Warm hardwood floors greet you upon entry. French doors lead to the study w/updated fixtures and custom accent wall. The Chef's kitchen is spacious and open to the breakfast and living area for easy entertaining. This lovely open floorplan still maintains its cozy feel w/ special touches like a woodburning fireplace, custom moldings, and wall of windows w/ beautiful views of the pool and greenspace. Primary retreat offers a soaking tub and walk in shower. Upstairs you will find new carpet, 3 bedrooms, 2 full baths, gameroom, media room and balcony! So much outdoor entertaining space! Low tax rate, easy I-45 access, NO FLOODING!
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| Sep 25, 2020 | Sold | ||
| Sold | |||
| Jul 29, 2020 | Listed by Keller Williams Advtge Realty | $495,000 | |
| Listed by Keller Williams Advtge Realty | |||
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Step into the pages of Southern Living from the moment you pull up to the house! Massively updated to include extensive hardwood flooring and crown molding, totally remodeled chef's kitchen with granite, soft close cabinets, commercial Thermador gas range with double ovens, built-in microwave, and more. The spacious living area features a woodburning fireplace, built-ins and beautiful views of the waterfall pool and greenbelt. Other amenities include a formal dining, study, custom window coverings, gameroom media room up great balcony off of the gameroom, three bedrooms and 2 baths up, and master suite with granite, double sinks separate shower and whirlpool tub and walk-in closet. Outside you will find a covered porch, beautiful landscaping, sprinkler system, lagoon style pool with beach entry, wrought iron fencing, several sitting areas, and gorgeous views of the greenbelt. Plus will will never be left in the dark with the new generator! See attachments for a list of all updates.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017