109 Walnut St
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 |
|---|---|---|---|
| Oct 5, 2022 | Withdrawn | - | |
| Withdrawn | |||
| Oct 2, 2022 | Price Decreased |
$699,000
↓ $20K
(2.8%) | |
| Price Decreased | |||
| Aug 8, 2022 | Listed by Keller Williams Realty Evolution | $719,000 | |
| Listed by Keller Williams Realty Evolution | |||
| | |||
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Timeless Victorian with tons of space, natural light and solid New England charm! Modern improvements include: Interior has been painted & front porch, electric baseboard heat and space well utilized on the 3rd floor. Brand new stainless appliances, new hot water tank, newer windows. Situated on a corner lot, moments from the ORANGE LINE, Ferryway School & downtown Malden, this makes a strong investment for your future! You have it all here: Location, space and updates! Come check out this 4 bedroom 1.5 baths with two additional rooms on the second and 3rd floor. Small fenced in backyard for your garden while also leading you right to your driveway. Immaculate hardwood floors on 1st and second floor. Tons of storage in a large 784 sqft basement.
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| Sep 3, 2019 | Sold | ||
| Sold | |||
| Jul 17, 2019 | Listed by Redfin Corp. | $559,900 | |
| Listed by Redfin Corp. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017