5331 Welland Avenue
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 |
|---|---|---|---|
| Dec 8, 2017 | Sold | ||
| Sold | |||
| Jul 29, 2017 | Listed | $499,888 | |
| Listed | |||
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This is a cute 2 bedroom home on a quiet street in Temple City. It is the 2nd (middle) home on an easement of 3 homes. The kitchen has granite counters, oak cabinets, recessed lighting, tile floors, stainless steel dishwasher and range hood. The home has an in-wall air conditioning unit, stucco exterior and newer vinyl dual paned windows. Wood laminate flooring in living area, hall and bedrooms. There are ceiling fans in the living room and both bedrooms. Bathroom has a granite vanity top, tile flooring and a shower/tub with sliding doors. Attached single car garage with cabinets and laundry hookups It also has a spacious fenced yard with sprinklers and timer. Call or text Andy for a private showing at 626-921-5621 The manager has listed the unit size as 906 square feet.
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| Jul 15, 2017 | Listed by Century 21 Village Realty | $479,000 | |
| Listed by Century 21 Village Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017