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7 Wellesley Rd
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 |
|---|---|---|---|
| Jun 18, 2007 | Sold | ||
| Sold | |||
| Feb 4, 2007 | Listed | $389,900 | |
| Listed | |||
| Nov 28, 2006 | Sold | ||
| Sold | |||
| Jul 23, 2004 | Sold | ||
| Sold | |||
| May 12, 2004 | Listed by Pablo Maia Realty | $417,900 | |
| Listed by Pablo Maia Realty | |||
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This charming 3 bedroom, 1.5 bath cape sits proudly on a nicely landscaped lot with fenced in yard. The first floor has hardwood underneath W/W carpet; the lower level is partially finished with bar. Convenient to local schools & public transportation.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017