1716 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%.
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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.
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 |
|---|---|---|---|
| Oct 15, 2021 | Sold | ||
| Sold | |||
| Sep 2, 2021 | Listed by Martha Turner Sotheby's | $680,000 | |
| Listed by Martha Turner Sotheby's | |||
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Stately 3 bedroom single family home is nestled in the heartbeat of Montrose. Gorgeous hardwood floors throughout. Second floor offers wonderful open living concept with oversized windows looking out into the lush treetops. Kitchen has stainless steel appliances, tons of cabinet space, large walk-in pantry and breakfast bar island all open to the dining and living room. Owners retreat is a dream. Oversized bedroom with grand bath: separate bath and shower, two vanities and a custom closet that opens to the laundry room. Fourth floor has a third bedroom with en suite full bath and large extra room great for a game room, second living area, home office or gym. Enjoy views of downtown from an expansive fourth floor covered patio with a kitchenette. Gas line is ready for a grill to be hooked up. Amazing walkability to wonderful restaurants, the museums, Buffalo Bayou and more. Great location to most major freeways.
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Property Highlights
Building Info
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Price/ft²
Listed On
Sold On
About Central Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017