45 Newhall 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%.
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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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jun 22, 2020 | In contract | - | |
| In contract | |||
| Jun 17, 2020 | Listed | $549,900 | |
| Listed | |||
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Are you looking for a unique home with absolute privacy in Wells? Look no further than 45 Newhall Road! This home offers 8...YES 8 Garage bays to use however you wish! This Cape style home offers an open concept kitchen and eat in kitchen area with Soapstone Kitchen Counters with a butcher block section and top of the line Viking Appliances. There are hardwood floor in the kitchen and a woodstove along with built in cabinets and a kitchen island you need to see to appreciate. There are multiple options for living rooms including a large entertaining room located between the garage area of the home and the kitchen that was built in 2008 and offers tons of windows for lots of natural light, direct entry to the large fenced in back yard, and hardwood floors. There are 2 other rooms on the first floor currently used as an office and large formal dining room and there is also a 1st floor bedroom with a full bathroom in the hallway. The second floor of the Cape offers 2 additional bedrooms with large closets for lots of storage capacity and another full bathroom. The large attached garage/barn was built in 2005 and offers 4 total bays of garage space with 2 currently used as a traditional garage and the additional 2 used as a large heated gym and entertainment area (with a 1/2 bathroom). Over the barn there is a large finished space area currently used as storage on one part and a private office space/additional bedroom on the other side. The home also offers a functional dry basement that you need to see in person to fully appreciate! The detached garage offers 4 more garage bays and is heated if you wish by a forced hot air system. The outside of the home is private, quiet, and offers a large fenced in area with a firepit you need to see to appreciate, a small additional garage & potting shed, outside water & electricity! All this and the home is in an established neighborhood only minutes to the highway & under 10 minutes to all the beaches of Wells!
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| Jan 7, 2014 | Sold | ||
| Sold | |||
| Jun 14, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017