116 Walnut Ave
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 13, 2024 | Sold | ||
| Sold | |||
| Oct 18, 2024 | In contract | - | |
| In contract | |||
| Oct 7, 2024 | Listed by Steve Callahan Realty LLC | $590,000 | |
| Listed by Steve Callahan Realty LLC | |||
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This antique colonial has been freshly painted throughout the interior and is located approximately 1/2 mile to the vibrant Norwood center, Norwood Central Commuter rail station and Norwood High School. The entry provides a warm, welcoming and homey feel that is repeated throughout the home. Rooms are spacious and feature natural woodwork and most rooms have wood floors. Just off the entry is the living room that is accented by an ornamental fireplace surround. The living room flows into the dining room with built in and a ceiling fan.For the resident chef, the kitchen offers a gas stove and ample counter space. A half bath and pantry/mudroom complete the first floor. On the second floor you will find the homes 3 bedrooms. Bed 3 would also be an ideal nursery/office or den. The primary bedroom offers two closets. The homes 2nd floor full bath features a claw foot soaking tub, separate shower and the convenience of 2nd floor laundry. Quick close possible.
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| May 7, 2007 | Sold | ||
| Sold | |||
| Jan 29, 2007 | Listed by Steve Callahan Realty LLC | $349,900 | |
| Listed by Steve Callahan Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017