1494 Walnut Ridge Way
About This Property
Welcome to your dream home, a stunning mid-century modern masterpiece that seamlessly blends classic charm with modern luxury. As you step inside, you're greeted by an expansive open floor plan bathed in natural light, where every detail has been thoughtfully designed for both beauty and function. The heart of the home is an exquisitely updated kitchen featuring a sleek quartz island that's perfect for gathering with loved ones. Stainless steel appliances gleam under stylish lighting, inviting you to cook and create in a space that feels both fresh and timeless. Venture downstairs to a functional lower level that promises endless possibilities. Imagine cozy nights by the modern fireplace in the spacious living room, where warmth and style converge. The updated laundry room is as practical as it is chic, making daily chores a breeze. Outside, a large fenced-in backyard awaits-a private oasis perfect for entertaining, gardening, or simply relaxing under the stars. This home is more than just a place to live; it's a place to love, offering a harmonious blend of mid-century modern elegance and contemporary comforts.
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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 |
|---|---|---|---|
| Nov 1, 2024 | Sold | ||
| Sold | |||
| Oct 22, 2024 | In contract | - | |
| In contract | |||
| Oct 20, 2024 | Relisted | $325,000 | |
| Relisted | |||
| Sep 11, 2024 | In contract | - | |
| In contract | |||
| Aug 15, 2024 | Listed by Keller Williams Rlty, First Atlanta | $325,000 | |
| Listed by Keller Williams Rlty, First Atlanta | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017