582 Wethersfield St
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 |
|---|---|---|---|
| Oct 16, 2024 | Sold | ||
| Sold | |||
| Aug 23, 2024 | In contract | - | |
| In contract | |||
| Jul 23, 2024 | Price Decreased |
$824,000
↓ $35K
(4.1%) | |
| Price Decreased | |||
| Jul 8, 2024 | Price Decreased |
$859,000
↓ $40K
(4.5%) | |
| Price Decreased | |||
| Jun 19, 2024 | Listed by Advisors Living - Merrimac | $899,000 | |
| Listed by Advisors Living - Merrimac | |||
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*Seller offering up to $2500 in closing costs. This stunning 2200 sq. ft. home has been meticulously updated! As you enter, you'll be greeted by a spacious living room featuring a large picture window, fireplace & hardwood flooring. The open concept kitchen boasts quartz countertops, SS appliances & built-in butcher-block table w/ benches, perfect for casual dining. Adjacent to the kitchen is a large bonus room, complete w/ beautiful beams, walls of windows, fireplace & door leading to a new deck, ideal for entertaining or relaxing while taking in the scenic views. Enjoy the incredible wildlife from the 3 season sunroom overlooking the expansive land. The 1st floor primary suite offers a luxurious retreat w/ an en suite bathroom & his-&-her closets. The main level includes a convenient laundry room & stylish 1/2 bath. Upstairs, are 2 generously sized bedrooms & full bath. Plenty of closets! Finish-able additional sq ft in walkout basement w/ new windows and door. BRAND NEW SEPTIC.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017