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1206 Welch Street
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 12, 2026 | Price Decreased |
$860,000
↓ $35K
(3.9%) | |
| Price Decreased | |||
| Jul 9, 2026 | Price Decreased |
$895,000
↓ $40K
(4.3%) | |
| Price Decreased | |||
| May 15, 2026 | Listed by Keller Williams Realty Metropolitan | $935,000 | |
| Listed by Keller Williams Realty Metropolitan | |||
| Aug 25, 2023 | Sold | ||
| Sold | |||
| Jul 20, 2023 | Listed by Compass RE Texas, LLC | $795,000 | |
| Listed by Compass RE Texas, LLC | |||
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First floor living at its best! Take your groceries from the garage directly into the kitchen. The home boasts two balconies, both featuring stunning views of the neighborhood and city. The top floor balcony is covered and very large with awesome city views. The interior showcases a spacious open floor plan, three sizable bedrooms, and an extra large room use as you see fit. Comes complete with an elevator. The kitchen is home to stainless appliances and a massive island, great for cooking and entertaining! Hardwoods and windows throughout the home make this property truly luxurious. 1206 Welch is minutes way from shops, restaurants, and Houston staples like Minute Maid.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017