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201 Welch Drive
About This Property
Inside, this home offers 4 bedrooms and 3.5 bathrooms with a versatile layout designed for both everyday living and entertaining. The main living areas include a welcoming living room, a dedicated dining room, and a well-positioned kitchen with adjoining breakfast nook, providing plenty of space for casual meals, gatherings, and special occasions.
Enjoy the convenience of quick access to I-30 for easy commutes, shopping, dining, and everyday destinations. With its generous floor plan, attractive exterior, expansive corner lot, quiet neighborhood setting, and convenient location, 201 Welch Drive offers the space and flexibility to make it your own.
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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 |
|---|---|---|---|
| Oct 12, 2026 | Price Decreased |
$325,000
↓ $25K
(7.1%) | |
| Price Decreased | |||
| Sep 23, 2026 | Relisted | $350,000 | |
| Relisted | |||
| Aug 19, 2026 | Listed by Keller Williams Realty DPR | $350,000 | |
| Listed by Keller Williams Realty DPR | |||
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About Royse City
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017