12 WALNUT ST
About This Property
Upon entering, you are greeted by a freshly painted living room adorned with laminated hardwood flooring and recessed lighting, creating a warm and inviting ambiance. Continuing through, the dining room flows into the well-appointed kitchen, complete with a gas cooking stove, dishwasher, microwave, refrigerator, and a convenient door leading to the deck at the side of the home.
The main floor hosts a full bathroom with a tub/shower combo along with two bedrooms. Ascend to the upper level, where you'll find two additional bedrooms with original hardwood flooring, offering versatility as either separate bedrooms or a spacious suite.
The basement presents an unfinished space housing a washer and dryer, a new hot water heater(2024), high ceilings, and a walk-up exit with dormer doors. Rest easy knowing there is a French Drain and sump pump. Outside, the side yard provides a charming lawn area, complemented by a shed and a deck extending from the house.
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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 17, 2024 | Sold | ||
| Sold | |||
| Jun 7, 2024 | In contract | - | |
| In contract | |||
| May 30, 2024 | Listed by Weichert Realtors-Haddonfield | $250,000 | |
| Listed by Weichert Realtors-Haddonfield | |||
| Apr 27, 2016 | Sold | ||
| Sold | |||
| Jan 22, 2016 | Listed by Avalar - Atlantic Properties | $68,400 | |
| Listed by Avalar - Atlantic Properties | |||
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HUD Case Number 351-621891. Property sold in AS IS condition. Property is UI (Uninsured) for FHA financing subject to an FHA appraisal. 203K eligible subject to an FHA appraisal. Equal Housing Opportunity. Information from sources deemed reliable but not guaranteed. Buyer to verify all information before bidding.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017