1598 Welcher Road
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 |
|---|---|---|---|
| Feb 20, 2026 | Sold | ||
| Sold | |||
| Dec 16, 2025 | In contract | - | |
| In contract | |||
| Dec 5, 2025 | Listed by Brightskye Realty, LLC | $199,900 | |
| Listed by Brightskye Realty, LLC | |||
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RIGHT SIZED 3 bed/2 full bath colonial style home in Newark sits on over a half acre and offers privacy and peace while being just minutes from everything the Newark area has to offer! Walk up to the spacious open porch that you'll enjoy in warmer months! Step into the living room area that can accommodate large furniture arrangements! Adjacent to this area is the kitchen/dining area - and directly off of the kitchen is your first floor laundry AND a full bath with shower! Off the laundry room is a door to the rear yard and a small back porch. Basement is also accessed from the dining area, and there's another exit here that leads to the side yard and the fire pit area. Upstairs you'll find three bedrooms and a full bath with tub. Detached 2 car garage offers storage and workshop space if needed! Updates/improvements include: metal roof (13 yrs old), vinyl windows (new in 2021), newer steps/railings to porch, hybrid 50 gallon hybrid heat pump water heater (2024) and ALL NEW water lines! Hardwood flooring throughout living areas, full basement, partially fenced yard. 8 minutes to shopping/dining establishments! Cozy and comfortable and ready for YOUR design touches! Eligible for USDA!
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| Apr 23, 2020 | Sold | ||
| Sold | |||
| Jan 20, 2020 | Listed by Doebler Realty, LLC | $82,900 | |
| Listed by Doebler Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017