1065 WALNUT SHADE ROAD
About This Property
Offered at just $155,000, this property is an ideal opportunity for an investor, contractor, handyman, or experienced buyer looking for a fixer-upper with substantial land and plenty of upside potential.
THE LAND IS A MAJOR HIGHLIGHT. With approximately 2.67 acres, this property offers an amount of space that's increasingly difficult to find at this price point. There's plenty of room to spread out, enjoy additional privacy, create outdoor living areas, accommodate hobbies and recreational uses, or explore other possibilities subject to local zoning and approvals.
The existing home is a FIXER-UPPER and will require work, but that's exactly where the opportunity lies. For the right investor or handy buyer, this is a chance to renovate the existing home while taking advantage of a large piece of property and an affordable purchase price.
Property Highlights:
Offered at just $155,000
Approximately 2.67 ACRES
Over 117,000 sq. ft. of land
Fixer-upper with significant potential
Excellent opportunity for an investor or experienced renovation buyer
Tons of room to improve and add value
At just $155,000 with approximately 2.67 acres, 1065 Walnut Shade Road offers the combination investors look for: LAND and significant value-add potential.
Bring your vision and see what this property could become.
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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 |
|---|---|---|---|
| Oct 17, 2026 | In contract | - | |
| In contract | |||
| Sep 28, 2026 | Listed by Sell Your Home Services | $155,000 | |
| Listed by Sell Your Home Services | |||
| Apr 1, 1991 | Sold | ||
| Sold | |||
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About Kent
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017