52 WELLINGTON Drive
About This Property
. The master bedroom offers a luxurious retreat with a jetted tub and a partially cedar-lined walk-in closet. Custom window treatments and skylights in the home provide a touch of elegance and plenty of natural light. The garage and Florida room are climate controlled, ensuring year-round comfort. The garage and attic above it are insulated, adding energy efficiency to the home. The garage and attic above it are insulated, adding energy efficiency to the home. Additionally, there's a shed in the backyard, providing extra storage space. Step outside, and you'll find a partially fenced yard with electrical features in the front for added convenience. The property is equipped with a sprinkler system sourced from a well, helping maintain the lush greenery surrounding your home. With plenty of room available, you have the perfect opportunity to add a pool and further enhance the outdoor living experience. Situated just 1.4 miles from Interstate 95, commuting is a breeze, and you're conveniently located within walking distance to Pine Lakes Golf Course, recreational trails, and various amenities. Plus, the new hospital is only 1.2 miles away, offering peace of mind for any medical needs. This home truly combines comfort, style, and functionality, creating a haven you'll be proud to call your own. Don't miss the chance to make this property your forever home! New Roof Installed December 2023!! Owner is a real estate licensee.
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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 28, 2024 | Sold | ||
| Sold | |||
| May 14, 2024 | In contract | - | |
| In contract | |||
| May 1, 2024 | In contract | - | |
| In contract | |||
| Apr 9, 2024 | Price Decreased |
$339,000
↓ $10K
(3%) | |
| Price Decreased | |||
| Mar 28, 2024 | Price Decreased |
$349,400
↓ $500
(0.1%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017