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1403 WALNUT Street
About This Property
This deep 125' corner lot has rear alley access and room for a separate carriage house or garage. Only four blocks from Main Street and the heart of Historic Springfield's restaurants, pubs, boutiques, and activities. Join the walkable bikeable neighborhood where it feels like a small town but with all the amenities of a city.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jan 21, 2026 | In contract | - | |
| In contract | |||
| Dec 27, 2025 | Price Decreased |
$517,500
↓ $18K
(3.3%) | |
| Price Decreased | |||
| Nov 20, 2025 | Listed by BELLE EPOQUE REALTY SERVICES LLC | $535,000 | |
| Listed by BELLE EPOQUE REALTY SERVICES LLC | |||
| Mar 1, 2025 | Price Increased |
$547,000
↑ $8K
(1.6%) | |
| Price Increased | |||
| Feb 20, 2025 | Price Increased |
$538,530
↑ $14K
(2.7%) | |
| Price Increased | |||
Property Highlights
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Price/ft²
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About Springfield
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017