1516 Walenta Avenue
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 10, 2024 | Sold | ||
| Sold | |||
| Sep 14, 2024 | In contract | - | |
| In contract | |||
| Aug 28, 2024 | Listed by Anja DrewesProperties, LLC | $260,000 | |
| Listed by Anja DrewesProperties, LLC | |||
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Charming, fully renovated home! Everything is new: double-pane windows, patio door, interior/exterior doors, breaker box, PEX and copper plumbing, lighting, hardware, faucets, and more (update list uploaded). This 2-bedroom, 2-bathroom gem features an open-concept kitchen with brand-new cabinets, appliances, and a spacious island with quartz countertops overlooking the family room. The home is upgraded with new vinyl flooring throughout. Additional highlights include a 2-car garage with a new driveway. Situated on oversized lot with low taxes and no HOA! Enjoy quick access to HWY 59, the NEW Fort Bend Epicenter, a top-rated elementary school, community parks, and shopping. The large backyard includes an extra storage shed. Online virtual walk through. Don’t miss out—schedule your showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017