7977 Wetherly 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 17, 2025 | Sold | ||
| Sold | |||
| Sep 25, 2025 | In contract | - | |
| In contract | |||
| Sep 12, 2025 | Listed by Beach City Brokers, Inc. | $1,199,900 | |
| Listed by Beach City Brokers, Inc. | |||
| May 30, 2025 | Sold | ||
| Sold | |||
| May 1, 2025 | Listed by Keller Williams Realty | $988,000 | |
| Listed by Keller Williams Realty | |||
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Located in the sought-after Mt. Nebo area of La Mesa, this home offers charm, space, and a chance to make it your own. While the house may need your touches, there's plenty here to work with—from large rooms that offer flexibility and comfort to a layout that makes sense for everyday living. The kitchen includes a sweet little eat-in nook, perfect for morning coffee or casual meals. Just off the backyard, you’ll find the very large family room—a great spot that connects easily to outdoor living and makes entertaining fun and interactive. The backyard itself is fully fenced and includes a covered patio for shaded afternoons and a detached garden shed tucked off the garage for tools or extra storage. One of the perks of this location is access to La Mesa Village via the nearby secret stairs—close enough for a walk, but far enough for privacy. Enjoy breezy evenings and take in the expansive northwest views that roll in from the back of the house. This isn’t a turnkey property—but it’s one with heart, in a neighborhood known for its community feel and walkability. Bring your vision and come see what’s possible on Wetherly.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017