1701 Welch Street
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Apr 30, 2026 | Sold | ||
| Sold | |||
| Apr 4, 2026 | In contract | - | |
| In contract | |||
| Apr 1, 2026 | Listed by Camelot Realty Group | $529,900 | |
| Listed by Camelot Realty Group | |||
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STUNNING HOME on a tree lined street in Montrose. This 3-story home offers the perfect blend of style, comfort, and convenience. Featuring 3 bedrooms and 3.5 baths, the home boasts an open-concept layout with high ceilings, abundant natural light, and modern finishes throughout. The spacious living area flows seamlessly into the kitchen and dining space, ideal for entertaining. The primary suite serves as a private retreat with a spa-like bath, dual sinks, soaking tub, separate shower, and generous walk-in closet. Secondary bedrooms provide flexibility for guests or a home office with private bathrooms. Prime corner location just minutes from top-rated restaurants, shopping, Montrose Collective, Medical Center, Downtown, Museum District and more! Perfect for those seeking an urban lifestyle in one of Houston’s most desirable neighborhoods.
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| Sep 18, 2020 | Sold | ||
| Sold | |||
| Jul 2, 2020 | Listed by Martha Turner Sotheby's | $505,000 | |
| Listed by Martha Turner Sotheby's | |||
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Beautifully maintained, move-in ready 3bedroom/3.5bath freestanding home with fenced side yard and patio. Nice corner lot and ample tree coverage provides high levels of natural light and privacy. NO maintenance fees! Many recent updates: AC (2017), int. paint (2017) refinished hardwoods (2018), landscaping (8/19) & new carpet (8/19). Practical floorplan with bedroom and full bath down, 2nd floor with spacious living/dining areas open to kitchen w/breakfast area and 3rd floor with master suite + additional bedroom & full bath. High ceilings, recessed lighting, gas fireplace, custom built-ins, Nest thermostats, light-filled rooms, treetop views & Juliet balcony. 2 car attached garage. Conveniently located just minutes to Downtown, Med Center, Galleria, major highways + unlimited shopping and dining options just blocks away.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017