83 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 |
|---|---|---|---|
| Sep 2, 2025 | Sold | ||
| Sold | |||
| Jul 3, 2025 | In contract | - | |
| In contract | |||
| Jun 24, 2025 | Listed by Brick & Mortar | $475,000 | |
| Listed by Brick & Mortar | |||
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Gracefully perched atop a serene hill in the Highlands, this 1918 Colonial exudes timeless elegance and understated charm. The 1st floor features a welcoming living room that opens to a screened-in porch, perfect for morning coffee or evening relaxation, a well-appointed dining room with a built-in hutch and the tastefully remodeled kitchen and updated half bath offer modern comfort and style. Upstairs, you'll find 2 generously sized bedrooms, a full bath, and a spacious primary bedroom with ample closet space. Hardwood and tile floors run throughout, adding warmth and continuity to the home. A light-filled attic provides exciting potential to finish as additional living space, studio, or office. Outside, the beautifully landscaped gardens have been thoughtfully planned to ensure blooms throughout the seasons.The 3-car garage offers abundant storage, workshop space, or room for hobbies. Don’t miss this rare opportunity to own a classic Highlands gem full of character with room to grow!
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| Oct 7, 2022 | Sold | ||
| Sold | |||
| Jul 23, 2022 | Listed by Gallagher Real Estate | $449,900 | |
| Listed by Gallagher Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017