1537 Black Walnut Drive
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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 |
|---|---|---|---|
| Mar 9, 2016 | Sold | ||
| Sold | |||
| Jan 26, 2016 | Listed by Keller Williams Realty | $689,000 | |
| Listed by Keller Williams Realty | |||
| Nov 6, 2012 | Sold | ||
| Sold | |||
| Oct 4, 2012 | Listed by Ardent Real Estate Services | $579,900 | |
| Listed by Ardent Real Estate Services | |||
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TRADITIONAL SALE! Gorgeous San Elijo Hills home with entertainer's backyard! Home features pool/spa, built in BBQ with fridge. Beautiful kitchen features travertine flooring, granite counter tops, and newer s/s Electrolux appliances. A/C, custom paint, ceiling fans, whole home water filtration system, and central vac featured throughout. This home is surrounded by custom hardscaped entry and tropical landscaped backyard. Home is also offered for lease @ $4000/mo. SEE SUPPLEMENT. [Supplement]: Southern California living at its best! Enjoy indoor/outdoor living year-round. This large kitchen features beautiful granite countertops with newer Electrolux stainless steel appliances, under cabinet lighting and travertine flooring. Adjacent family room with custom built-in media nook and gas fireplace. Four bedrooms, w/ loft for study area, game room or office. Master suite upstairs with beautiful views and a ton of natural light with travertine flooring in bath. Laundry room is conveniently located on the upper level. Backyard is an entertainer's dream w/ built in BBQ /refrigerator and entertainment bar. Easy walk to town center & Pre-schools, San Elijo Elementary and San Elijo Middle School. Enjoy small town life in this National Award winning "Master Planned Community of the Year" Award winning schools two blocks from home, where parents walk their kids to school & everyone knows your name. Recreation friendly including 18 miles of trails surrounding SEH, parks, playing fields, picnic areas, movies & concerts in the park during summer, Oktoberfest, Easter Egg hunts & tree lighting ceremonies. New restaurants, dry cleaner, yoga, frozen yogurt, and wine bar all within walking distance in the Town Center. Welcome home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017