89 Wellman Road
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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 16, 2021 | Sold | ||
| Sold | |||
| Mar 2, 2021 | Listed by Deerfield Valley Real Estate | $2,950,000 | |
| Listed by Deerfield Valley Real Estate | |||
| Mar 1, 2021 | No longer available | - | |
| No longer available | |||
| Mar 11, 2020 | Listed | $2,950,000 | |
| Listed | |||
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This 1840s renovated country home is a farmstead/barns with amazing views of the surrounding mountains and ski resorts. The original post and beam frame was preserved along with other special features-antique wide board floors, central chimney, crafted hand hewn beams, all with meticulous attention to detail. Renovations include all new windows, new plumbing, electrical and insulation, and radiant heat. Spectacular great room with chef's kitchen, a massive double sided stone fireplace and cathedral ceilings. Features include a steam shower, soaking tubs, four fireplaces in bedrooms and study with exposed beams. Consistent attention to detail was given to the original barn. It is the perfect venue for weddings and parties. There are additional barn buildings to provide storage space or to garage equipment /cars. With 192 acres, there is plenty of room for farming, hunting, skiing, snowmobiling. Abundant hardwood timbers on property. Perfect for a bed and breakfast. The manager has listed the unit size as 4459 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017