416 Wells Road
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 |
|---|---|---|---|
| Mar 12, 2024 | Sold | ||
| Sold | |||
| Jan 5, 2024 | Listed by Keller Williams Lanier Partner | $824,900 | |
| Listed by Keller Williams Lanier Partner | |||
| Oct 13, 2020 | No longer available | - | |
| No longer available | |||
| Jun 29, 2020 | Price Decreased |
$715,000
↓ $10K
(1.4%) | |
| Price Decreased | |||
| Apr 9, 2020 | Listed by Life Realty Group, LLC | $725,000 | |
| Listed by Life Realty Group, LLC | |||
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Beautiful home with rental property on 17 acres. Inside the home is a beautiful two toned farmhouse style kitchen with double ovens, pantry, and a bay window in the kitchen eating area. The laundry room with ample storage, counter top space, built in ironing board and sink. Half bath with farmhouse cabinets across the hall. Open and spacious dining room and wine/bar room both with bay windows. Breathtaking two story living room with vaulted ceilings and knotty pine accents with surround sound. Spacious master with a screened in porch attached, vaulted ceilings, master bath has double sinks, jetted tub and walk in tiled shower. Four bedrooms and two full baths upstairs. Modular 4 bedroom 2 bath rental on property also. Outside this home is unbelievable it also has a pole barn and a camper cover with a smoke house beside it. An above ground pool with nice deck attached overlooking a stocked pond with a fishing deck. The pond has two springs running into it. Plenty of space for a mini farm with chicken coups, breeding pens, garden area with a garden shed and an outdoor area for potting and planting. Great rental on the property a 2014 Modular home 4 bedroom 2 bath very spacious and beautiful. Make an appointment today to see your dream home...dont wait it will not last long. The manager has listed the unit size as 3474 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017