425 Wallis 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 30, 2022 | Sold | ||
| Sold | |||
| Feb 9, 2022 | Listed by Great Island Realty LLC | $1,875,000 | |
| Listed by Great Island Realty LLC | |||
| May 13, 2013 | Sold | ||
| Sold | |||
| Feb 27, 2012 | Listed by Tate & Foss Sotheby's International Rlty | $650,000 | |
| Listed by Tate & Foss Sotheby's International Rlty | |||
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Truly one-of-a-kind, this stunning barn home radiates character & charm. From vintage posts & beams to rough-hewn stones, its honest, hand-crafted simplicity is rooted in the local landscape, offering a wholesome, organic lifestyle. The barn was raised over a century ago but the conversion & restoration beautifully integrate original details of the working barn with todays amenities. Move right in & enjoy beautiful new granite/stainless steel kitchen, 2 new tiled bathrms, fieldstone gas fireplace, 3 BR + office. Spray foam insulation & geothermal heating/cooling combine for superior efficiency, keeping energy costs down year round. Single-level floorplan, perfect for entertaining & easy living. Soaring, unfinished loft and basement evoke an array of possibilitiesart studio, hobby workshop, gym! An illuminated cupola adds the defining touch of curb appeal to this unique home, sited on a lovely 1+ acre lot, conveniently located between Rye Center & the ocean/beach (only 1+ mile away!).
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| May 24, 2007 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017