6 Davelin Road
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, 2024 | Sold | ||
| Sold | |||
| Jul 29, 2024 | In contract | - | |
| In contract | |||
| Jul 8, 2024 | Listed by MGS Group Real Estate LTD - Wellesley | $799,000 | |
| Listed by MGS Group Real Estate LTD - Wellesley | |||
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Builders and project minded buyers, this a great opportunity to create your dream home on a much desired street that is an ended way. This cape style home offers many possibilities as it hosts ample living space and a gracious floor plan with formal living and dining rooms as well as a kitchen which is adjacent to a family room with access to the gardens. The yard is wide, expansive and level and more than half an acre of land. Close proximity to the elementary and high schools, this is a highly convenient location that is centrally positioned. Location, location!
| |||
| Nov 30, 2001 | Sold | ||
| Sold | |||
| Sep 5, 2001 | Listed by MGS Group Real Estate LTD - Wellesley | $460,000 | |
| Listed by MGS Group Real Estate LTD - Wellesley | |||
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