733 Post Road #228
About This Property
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Cap Rate Calculator
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 23, 2022 | No longer available | - | |
| No longer available | |||
| Jan 21, 2022 | Listed | $60,000 | |
| Listed | |||
| | |||
|
Welcome to Wells Maine. This second floor unit is fully furnished one queen bed, pull out sofa bed, a small refrigerator, microwave and a large screen smart television. When you are not vacationing in your condo, the unit can be rented for an investment property. The onsite management will take care of it all for you, renting your unit, maintenance and cleaning. On the premises there is an indoor pool, and hot tub. Includes an exercise room, coin op laundry, picnic area and play ground. Pets are welcome for owners. Sea Mist is open from April 8th through the first weekend in December.
| |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jun 26, 2020 | In contract | - | |
| In contract | |||
| Mar 12, 2020 | Price Decreased |
$39,900
↓ $2K
(5%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/27/2024
| |
Studio
|
1 Bath
|
264 ft²
|
$95,000
Studio
1 Bath
264 ft²
|
-
-
|
Laurie Marcello
Gorham
|
|
12/04/2023
|
1 Bed
|
1 Bath
|
264 ft²
|
$95,000
1 Bed
1 Bath
264 ft²
|
-
-
|
Kathleen Beaudoin
Wells
| |
|
08/28/2023
|
1 Bed
|
1 Bath
|
-
|
$95,000
1 Bed
1 Bath
|
-
-
|
Tricia Huot
Coldwell Banker Realty
| |
|
09/27/2022
|
Studio
|
1 Bath
|
-
|
$69,900
Studio
1 Bath
|
-
-
|
Angela Thyng
Realty ONE Group - Compass
| |
|
08/27/2022
|
1 Bed
|
1 Bath
|
-
|
$85,000
1 Bed
1 Bath
|
-
-
|
Tori Leonard
Coldwell Banker Realty
| |
|
07/08/2022
|
Studio
|
1 Bath
|
-
|
$75,000
Studio
1 Bath
|
-
-
|
Angela Thyng
Realty ONE Group - Compass
| |
|
11/22/2021
|
1 Bed
|
1 Bath
|
-
|
$55,000
1 Bed
1 Bath
|
-
-
|
Angela Thyng
Realty ONE Group - Compass
| |
|
04/28/2022
|
1 Bed
|
1 Bath
|
-
|
$74,500
1 Bed
1 Bath
|
-
-
|
Jason Vennard
EXIT Oceanside Realty
| |
|
03/12/2022
|
1 Bed
|
1 Bath
|
-
|
$74,900
1 Bed
1 Bath
|
-
-
|
Angela Thyng
Realty ONE Group - Compass
| |
|
03/08/2022
|
1 Bed
|
1 Bath
|
-
|
$70,000
1 Bed
1 Bath
|
-
-
|
Angela Thyng
Realty ONE Group - Compass
| |
|
03/05/2022
|
1 Bed
|
1 Bath
|
-
|
$67,900
1 Bed
1 Bath
|
-
-
|
Angela Thyng
Realty ONE Group - Compass
| |
|
02/20/2022
|
1 Bed
|
1 Bath
|
-
|
$65,000
1 Bed
1 Bath
|
-
-
|
Angela Thyng
Realty ONE Group - Compass
| |
|
01/25/2022
|
1 Bed
|
1 Bath
|
-
|
$65,000
1 Bed
1 Bath
|
-
-
|
Angela Thyng
Realty ONE Group - Compass
| |
|
01/21/2022
|
1 Bed
|
1 Bath
|
-
|
$60,000
1 Bed
1 Bath
|
-
-
|
Angela Thyng
Realty ONE Group - Compass
| |
|
01/13/2022
|
1 Bed
|
1 Bath
|
-
|
$60,000
1 Bed
1 Bath
|
-
-
|
Brian Shedla Jessica Niles
Locations Real Estate Group LLC
| |
|
12/23/2021
|
1 Bed
|
1 Bath
|
-
|
$65,000
1 Bed
1 Bath
|
-
-
|
Angela Thyng
Realty ONE Group - Compass
| |
|
11/30/2021
|
1 Bed
|
1 Bath
|
-
|
$55,000
1 Bed
1 Bath
|
-
-
|
Angela Thyng
Realty ONE Group - Compass
| |
|
07/19/2021
|
1 Bed
|
1 Bath
|
-
|
$42,000
1 Bed
1 Bath
|
-
-
|
Susan Michaels
Coldwell Banker Realty
| |
|
07/06/2021
|
1 Bed
|
1 Bath
|
-
|
$44,900
1 Bed
1 Bath
|
-
-
|
Jason Vennard
EXIT Oceanside Realty
| |
|
12/14/2020
|
1 Bed
|
1 Bath
|
-
|
$41,500
1 Bed
1 Bath
|
-
-
|
-
| |
|
08/12/2020
|
1 Bed
|
1 Bath
|
-
|
$42,500
1 Bed
1 Bath
|
-
-
|
-
| |
|
08/06/2020
|
1 Bed
|
1 Bath
|
-
|
$39,900
1 Bed
1 Bath
|
-
-
|
-
| |
|
01/19/2020
|
1 Bed
|
1 Bath
|
-
|
$43,200
1 Bed
1 Bath
|
-
-
|
-
| |
|
06/04/2020
|
1 Bed
|
1 Bath
|
-
|
$39,900
1 Bed
1 Bath
|
-
-
|
-
| |
|
05/20/2020
|
1 Bed
|
1 Bath
|
264 ft²
|
$45,000
1 Bed
1 Bath
264 ft²
|
$34,700
-22.89%
03/24/2021
|
Jane Cyr
| |
|
10/18/2019
|
1 Bed
|
1 Bath
|
-
|
$42,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
10/18/2019
|
1 Bed
|
1 Bath
|
-
|
$42,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
03/27/2019
|
1 Bed
|
1 Bath
|
-
|
$42,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
03/11/2019
|
1 Bed
|
1 Bath
|
264 ft²
|
$45,000
1 Bed
1 Bath
264 ft²
|
-
-
|
-
| |
|
01/30/2019
|
1 Bed
|
1 Bath
|
-
|
$44,500
1 Bed
1 Bath
|
$44,500
07/03/2019
|
Susan Michaels
| |
|
11/02/2018
|
1 Bed
|
1 Bath
|
264 ft²
|
$43,000
1 Bed
1 Bath
264 ft²
|
-
-
|
-
| |
|
08/13/2018
|
1 Bed
|
1 Bath
|
264 ft²
|
-
1 Bed
1 Bath
264 ft²
|
-
-
|
-
| |
|
09/01/2017
| |
1 Bed
|
1 Bath
|
264 ft²
|
-
1 Bed
1 Bath
264 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017