7 Welch
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 |
|---|---|---|---|
| Jul 10, 2025 | Sold | ||
| Sold | |||
| May 20, 2025 | Listed by NH Brokerage LLC | $299,999 | |
| Listed by NH Brokerage LLC | |||
| May 19, 2023 | Sold | ||
| Sold | |||
| Jan 18, 2023 | Listed by The Aland Realty Group | $199,000 | |
| Listed by The Aland Realty Group | |||
| | |||
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This doublewide home on a sunny private lot in quiet mobile coop awaits your personal touches. Enter into a mudroom with new full sized washer & dryer. Large open kitchen with island, pantry, and sliders to the backyard. New Bosch dishwasher and modern light fixtures over the peninsula & dining area. Primary bedroom with en-suite bath, walk-in closet, and side office/den. Wood fireplace and stone surround/mantle in the open living room. Two additional bedrooms and full bath round out the interior space. Handicap accessible ramp, two sheds, and large yard. Good bones, great potential. Needs new carpet/flooring. Sold as is.
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| Apr 27, 2007 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017