711 Wellington Point
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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 |
|---|---|---|---|
| Jan 14, 2021 | Sold | ||
| Sold | |||
| Oct 27, 2020 | Listed by W Realty & Investment Group | $385,000 | |
| Listed by W Realty & Investment Group | |||
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Welcome to 711 Wellington Pt located in highly sought Green Trails Park subdivision. Rich hardwood and tile floor throughout first floor, and upstairs offer high end quality engineer wood floor including stairs. Kitchen offer gleaming granite counter top with island cook top, back splash tiles, recessed light, and ample size of cabinets. All bathrooms has been completely remodel with frame less shower booth, granite counter top and custom tiles. Down stairs A/C 2009 & Upstairs A/C 2020. This well maintained and remodel 2 story, 4 bedrooms and 2.5 bath home is zoned to highly acclaimed Taylor High School, McMeans Junior High, and Pattison Elementary. This home is also located close to Shopping Center, great restaurants, hospitals, and all of your home needs. Home never flood!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017