51 Wellesley Dr
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 |
|---|---|---|---|
| Apr 5, 2024 | Sold | ||
| Sold | |||
| Feb 14, 2024 | In contract | - | |
| In contract | |||
| Jan 24, 2024 | Listed by Red Door Realty | $525,000 | |
| Listed by Red Door Realty | |||
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A MUST SEE PROPERTY! Nestled in a quiet neighborhood with convenient amenities and highway access close by. This home has been lovingly maintained inside and out for years! Gleaming beautiful hardwood floors throughout this spacious property with a welcoming formal living room and dining room. The dining room leads to a generously sized sun-filled eat in kitchen that was renovated in 2015. Opposite the kitchen is the family room with built in cabinets, a fireplace and access to the deck. Half bathroom with laundry hookup completes the first floor. The space is well maximized on the second floor with 3 bedrooms and an oversized main bedroom with it's own main bathroom and a walk in closet. Another full bathroom rounds off the 2nd floor. The basement can be used as is for storage, recreation, office or can be fancied up to your style! The leveled private yard is the perfect size for your leisure without tons of maintenance. Furnace, HVAC & hot water tank replaced 2010 & Roof done 2021.
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| Dec 12, 1997 | Sold | ||
| Sold | |||
| Jun 6, 1997 | Listed by Red Door Realty | $229,900 | |
| Listed by Red Door Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017