351 Weldon 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 |
|---|---|---|---|
| Aug 21, 2025 | Sold | ||
| Sold | |||
| Jul 19, 2025 | In contract | - | |
| In contract | |||
| Jun 3, 2025 | Listed by Southern Classic Realtors | $398,000 | |
| Listed by Southern Classic Realtors | |||
| Dec 20, 2022 | Sold | ||
| Sold | |||
| Nov 4, 2022 | Listed by eXp Realty | $340,000 | |
| Listed by eXp Realty | |||
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Welcome home to this lovely ranch on an unfinished basement! Located in the Northgate district, this property is peacefully situated on close to two acres! Follow the winding driveway to your private retreat away from the main road. Walking in feels cozy with a rustic cabin-feel, offering hardwood floors, a large fireplace, and plenty of natural light from the A-frame style window wall. A split floor plan provides three bedrooms and two baths with the primary suite to the left, that includes a large walk-in closet and the additional two bedrooms and bathroom on the opposite side of the home. The galley style kitchen offers plenty of space and opens up to a large mudroom/laundry room. Step out back and take in the beautiful, peaceful, large fenced-in yard. Do not forget to check out downstairs! This large unfinished basement provides an abundance of opportunity. All that is missing is YOU!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017