518 Wellesley Road
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 6, 2017 | Sold | ||
| Sold | |||
| Apr 25, 2017 | Listed by Cornerstone Realty | $310,000 | |
| Listed by Cornerstone Realty | |||
| Oct 2, 2011 | Sold | ||
| Sold | |||
| Jun 8, 2011 | Listed by Century 21 APD & Associates | $169,500 | |
| Listed by Century 21 APD & Associates | |||
| | |||
|
Charming and Beautiful Cottage like 3 bedroom home in the most popular area..Kern Place. Features formal living & Dining areas plus den, 2 full bath, 1 car garage. Seperate laundry room with storage, all wood floors under carpet to low maintaince front & backyard landscape. Great curb appeal, walking distance to Utep, shopping, restraunts and more.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017