5 Wellesley 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 |
|---|---|---|---|
| May 26, 2026 | Sold | ||
| Sold | |||
| Apr 14, 2026 | In contract | - | |
| In contract | |||
| Apr 6, 2026 | Listed by ERA Key Realty Services | $509,900 | |
| Listed by ERA Key Realty Services | |||
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Welcome to this beautifully renovated ranch-style home, thoughtfully updated in 2023 to offer modern comfort and effortless living. The heart of the home is a cook’s dream kitchen, featuring soft-close cabinetry, top-of-the-line stainless steel appliances, and a seamless flow into the open-concept living and dining areas—perfect for both everyday living and entertaining. The main level offers two well-appointed bedrooms and a bright, inviting layout designed for convenience and style. Downstairs, the fully finished lower level expands your living space with a spacious family room, an additional bedroom, and a full bath—ideal for guests, extended family, or a private retreat. This move-in-ready home combines quality upgrades with a functional layout, making it a perfect fit for today’s lifestyle. Open House Saturday 4/11 from 12 to 2, and Sunday 4/12 from 12 to 1:30!
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| Sep 8, 2023 | Sold | ||
| Sold | |||
| Aug 15, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017