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405 Wellington Road
About This Property
.Step outside to your own backyard resort. The sparkling pool and spa are perfect for swimming laps, playing water volleyball, or simply floating and relaxing. A covered patio creates the ideal setting for outdoor dining, gatherings, and year-round enjoyment. A large powered gate offers a private driveway, a garden shed for extra storage, and plenty of room for a basketball hoop. Inside, entertainment takes center stage with a high-end theater room featuring a 3D projector, two rows of reclining theater seating, and a popcorn machine for unforgettable movie nights. The game room provides plenty of space to watch the big game while enjoying pool, darts, and time with family and friends. Additional highlights include two fireplaces, a dramatic curved staircase, and an ideal location in a quiet neighborhood with easy access to major highways, DFW Airport, shopping, dining, and highly rated schools. A truly exceptional home built for entertaining and everyday living.
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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 |
|---|---|---|---|
| Jul 6, 2026 | Sold | ||
| Sold | |||
| Jun 17, 2026 | In contract | - | |
| In contract | |||
| Jun 10, 2026 | Listed by 24fifteen Realty | $819,000 | |
| Listed by 24fifteen Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017