814 WELLESLEY COURT
About This Property
Upgrades: Washer & Dryer replaced 2023. Updated light fixtures, new kitchen backsplash and upgraded blinds on main level in 2024. Dual zone heating and cooling with upgraded energy efficient thermostats. Security system installed in 2020, conveys with the home. Carpets in basement professionally cleaned. House freshly painted trim and touched up paint throughout. Exterior recently power washed.
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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 |
|---|---|---|---|
| Nov 22, 2024 | Sold | ||
| Sold | |||
| Nov 4, 2024 | In contract | - | |
| In contract | |||
| Oct 26, 2024 | Price Decreased |
$524,900
↓ $13K
(2.3%) | |
| Price Decreased | |||
| Sep 26, 2024 | Price Decreased |
$537,500
↓ $10K
(1.8%) | |
| Price Decreased | |||
| Sep 19, 2024 | Price Increased |
$547,500
↑ $23K
(4.3%) | |
| Price Increased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017