53 Wellesley Road Ext
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 |
|---|---|---|---|
| Aug 30, 2019 | Sold | ||
| Sold | |||
| Dec 5, 2018 | Listed by Phoenix Real Estate Partners, LLC | $1,199,000 | |
| Listed by Phoenix Real Estate Partners, LLC | |||
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Isn't it time you owned a new construction home with all the features and finishes of your dreams? This state of the art colonial located on the Natick/Wellesley line will prove to be all you are looking for and more. Stainless steel appliances, gleaming hardwood floors, master bedroom suite with sitting room and tray ceiling will entice even the most discerning buyer. Full lower level with high ceilings for future expansion. Schedule a showing and make your dreams come true!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017