3530 Wellington Drive
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 |
|---|---|---|---|
| Apr 16, 2026 | Sold | ||
| Sold | |||
| Mar 12, 2026 | In contract | - | |
| In contract | |||
| Jan 26, 2026 | Listed by WM Realty TX LLC | $320,000 | |
| Listed by WM Realty TX LLC | |||
| Nov 8, 2025 | No longer available | - | |
| No longer available | |||
| Nov 8, 2024 | Listed by WM Realty TX LLC | $366,000 | |
| Listed by WM Realty TX LLC | |||
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Corner lot with open concept floorplan allows all the main living areas to flow together making this home an entertainer’s dream. 3 bedroom 2 bath with a study is conveniently located right by 288. You will love being just a few minutes from the highway, by all major restaurants and shopping and only a 25 minute commute to downtown Houston. As you enter you will see glass French Doors that open up to the study and laminate wood flooring that continues throughout the main areas of the home. The primary suite includes a garden tub, a double sink vanity and a walk in close. The kitchen has a high top bar with granite countertops that overlooks into the living area, giving the space a very open feel. This home offers a split floor plan with the primary bedroom up front and the other two secondary bedrooms on the other side of the house. The fenced backyard has a mature tree offering plenty of shade.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017