5 Wales Ave
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 |
|---|---|---|---|
| Jun 24, 2024 | Sold | ||
| Sold | |||
| May 8, 2024 | Listed by Redfin Corp. | $625,000 | |
| Listed by Redfin Corp. | |||
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Offer Accepted, Open Houses Canceled! Exceptional Turnkey! 3 BR/1.5 Bath Colonial with stunning White Kitchen 2022 including Quartz Countertops, Island with Bar Seating, Stainless Appliances, Dining Area, Skylights, Bar Area with Built-ins and a Separate Office Area and Half bath. Hardwood Floors throughout. A Rustic Family Room with Exposed Beams, Wood-Burning Stove, Built-In Bookshelves & Wide Panel Pine Flooring. Dining Room with Wainscoting. Living room with Gas Fireplace, French Doors, Window seat with Built-In Bookshelves leading to the inviting screened-in porch that expands your outdoor enjoyment. Second Floor offers Stunning Primary Bedroom with vaulted ceiling, skylights & double closets. Two additional Bedrooms and main bath Complete the 2nd Floor. Private, fenced-in yard with Patio and Shed. Convenient Location I-93,Rte 24 and commuter rail just minutes away. This immaculately maintained property will not last!!!
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| Oct 1, 2021 | Sold | ||
| Sold | |||
| Jul 27, 2021 | Listed by Redfin Corp. | $495,000 | |
| Listed by Redfin Corp. | |||
| Nov 19, 2015 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017