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New York Bronx 10461 Pelham Bay
2894 Wellman Avenue
Photo of 2894 Wellman Avenue
Sold on Jul 9, 2026

34

Map

Photo of 2894 Wellman Avenue
Photo of 2894 Wellman Avenue
$630,000
● House - Off Market

2894 Wellman Avenue

New York, NY 10461
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,564 Ft²
$3,303
Est. Monthly

About This Property

This house is perfectly placed.  It's a delightful 3 bedroom 1 full bath home in a lovely treelined neighborhood with incredible convenience to everything you need.  Walk to the train or express bus for your commute, close to schools, restaurants with a backyard for relaxing and a garage for your car. This house could use some updating and is being sold as is.
Unit Size
1,564 Ft²
Days on Market
90 days
Land Size
0.05 acres
Price per sqft
$383
Property Type
House
Property Taxes
$361
HOA Dues
-
Year Built
1930

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 4 months ago (OneKey MLS #KEY980181)

Price History

Date / Event Date Event Price
Jul 9, 2026 Sold
Premium
Sold
May 12, 2026 In contract -
In contract
Apr 2, 2026 Listed by Bee Home Realty $599,000
Listed by Bee Home Realty

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1930
  • Building Count: 2
  • Floor Count: 2
  • Total Unit Count: 1
  • Residential Unit Count: 1
  • Basement Type: 2

    Dimensions

  • Lot Area Sqft: 2,250
  • Lot Size Depth Feet: 90
  • Lot Size Frontage Feet: 25
  • Building Depth: 38
  • Building Frontage: 17
  • Gross Building Area: 1,564

    Building Floor Area

  • Residential Building Floor Area: 1,564

    Floor Area Ratio

  • Built Floor Area Ratio: 1
  • Residential Floor Area Ratio: 1
  • Facilities Floor Area Ratio: 2

Building

  • Building Type: A1
  • Lot Type: 5
  • Land Use: 01
  • Irregular Lot Code: N
  • Proximity Code: 1
  • Extension Code: G

Neighborhood

  • Community District: 210
  • City Council District: 13
  • Police Precinct: 45
  • Fire Company: L050
  • Health Area: 1420
  • Sanitation District Borough: 2
  • Sanitation Subsection: 3E
  • School District: 08

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R4A

Geography

  • Borough Name: BX
  • Borough Code: 2
  • Block: 5378
  • Lot: 29
  • Borough Block Lot: 2053780029

    Address

  • Full Address: 2894 Wellman Avenue
  • Zip Code: 10461

Valuation

    Assessments Valuation

  • Assessed Total Value: $32,880
  • Assessed Land Value: $8,820

    Exemptions

  • Exempt Total Value: $1,440
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About East Bronx

Stats & Trends

Median Asking:

$759,000

Sale Price/ft²

$417

Above Asking

0.52%

Average Days on Market

86

Average Home Size

1925 ft²

Average Home Age

77.6 years

Currently For Sale

632 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1565 Odell Street, Bronx, NY, 10462

$2,800 /mo

  • 2 Beds
  • 1 Bath
1565 Odell Street #1-F, Bronx, NY, 10462 Listing by Danielle Jernigan
Unit for rent at 624 Underhill Avenue, Bronx, NY, 10473

$3,686 - $3,971 /mo

  • 3 Beds
  • 1 Bath
624 Underhill Avenue, Bronx, NY, 10473 Listing by Les Moore
Unit for rent at 1544 Gillespie Avenue, BRONX, NY, 10461

$1,867 - $2,012 /mo

  • 1 Bed
  • 1 Bath
1544 Gillespie Avenue, BRONX, NY, 10461 Listing by Gregory Healy

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 2894 Wellman Avenue built and last sold?
The property at 2894 Wellman Avenue was built in 1930 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2894 Wellman Avenue is $609,462.
What are some comparable homes to 2894 Wellman Avenue?
There are currently no comparable homes to 2894 Wellman Avenue.
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