16905 E Wellmann 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 |
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| May 17, 2024 | Sold | ||
| Sold | |||
| Apr 4, 2024 | In contract | - | |
| In contract | |||
| Feb 16, 2024 | Listed by Compass RE Texas, LLC - Houston | $449,500 | |
| Listed by Compass RE Texas, LLC - Houston | |||
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Escape to historic Washington, Texas with this charming turn key second home on five acres! Previously an Airbnb, this retreat features an extensive flagstone outdoor area with a jacuzzi, garden, and pond, offering relaxation and outdoor enjoyment. Also you will find an adorable storage building that can be made into a number of things with the wrap around porch and electric. There is another storage and an area for small animals. With electric running to the back, an additional home site is possible. Just 25 minutes from College Station, 1 hour and 10 minutes from Houston, and 20 minutes from downtown Brenham, this little oasis offers the perfect balance of seclusion and convenience. Experience the rich history and natural beauty of Washington, Texas, and make this serene retreat your own. Buyers to verify square footage and other information provided by outside sources.
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| Jan 19, 2022 | Sold | ||
| Sold | |||
| Oct 7, 2021 | Listed by Champions Real Estate Group | $379,500 | |
| Listed by Champions Real Estate Group | |||
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Come and check out this custom country farm house 927 sf, unrestricted 4.96 Acres. The property has many possibilities where you can build your dream home or use the farm house as a guest retreat. The flag stone patio is 875 sf and its perfect for gatherings. The patio is surrounded by a wall of rustic rock boulders that can be used for extra seating. You can enjoy an intimate time in the evening soaking in the hot tub while watching the stars. The well house is 225 sf which houses a mower and garden tools. The fenced garden area is perfectly set up to enjoy growing your favorite vegetables. The fenced metal storage outback is 192 sf ready to be used as a chicken coop. The home has about 300 sf of beautiful flower beds with sprinkler system. The pasture has plenty of Bermuda hay with sandy soil which it’s perfect for horses, and the pond would provide natural water resource for the animals. The home has been completely renovated.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017