411 Wellington Point
About This Property
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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 |
|---|---|---|---|
| Aug 19, 2022 | Sold | ||
| Sold | |||
| Jul 15, 2022 | Listed by eXp Realty, LLC | $467,500 | |
| Listed by eXp Realty, LLC | |||
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Meticulously maintained 2-story home boasts a dramatic entry with a double-sided staircase, soaring ceilings, updated flooring, and natural light throughout The formal living & dining is a flex area being used as a home office currently. The large kitchen with an island opens to the den & has updated quartz counters & subway tile backsplash, & updated appliances. The bay window breakfast room can easily accommodate a table for 8! 4 bedrooms & 3 full baths offer unique flexibility: 2 bedrooms & 2 FULL baths are downstairs. The primary retreat has an updated spa-inspired shower & vanity, and tranquil colors. The other bath down has a stand-up shower. Upstairs is a game room & 2 bedrooms & bath with double vanity. The backyard has a vaulted covered patio and lots of green space, & a sprinkler system ft&bk. The detached 2-car OVERSIZED garage w/ extended workshop space has covered entry to the house. Open houses: Saturday 7/15 from 2-4 pm & Sunday 7/16 from 2-4 pm.
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About Green Trails
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017