38 Welcher Avenue
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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 |
|---|---|---|---|
| Mar 11, 2025 | Sold | ||
| Sold | |||
| Feb 5, 2025 | In contract | - | |
| In contract | |||
| Jan 11, 2025 | In contract | - | |
| In contract | |||
| Dec 24, 2024 | Listed by Schunk Realty Group | $579,000 | |
| Listed by Schunk Realty Group | |||
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Welcome to 38 Welcher Avenue, Peekskill! This beautifully renovated home combines modern updates with timeless charm, offering 3 bedrooms, 2 bathrooms, and an inviting living space. Fully renovated in 2016, this home boasts hardwood floors throughout, an updated kitchen with sleek quartz countertops, and thoughtfully designed bathrooms. Step into the light-filled interior, where spacious bedrooms provide comfort and versatility. The fully fenced backyard is perfect for gatherings, gardening, or simply relaxing in your private oasis. The property also features a level backyard and a stone wall at the front, adding to its curb appeal. Located in the desirable Hendrick Hudson School District, this home is ideally situated just minutes from downtown Peekskill’s vibrant arts and dining scene, the Metro-North train for easy commutes to NYC, and local parks and playgrounds. Don’t miss out - schedule your showing today!
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| Jul 13, 2018 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017