1604 Walton Way
About This Property
Heated, IG pool w/ jacuzzi & custom built pool house w/ bath. The sun filled first floor has a music room off LR, a FR with gas fireplace & a sunroom off the very spacious kitchen. The BSMNT includes a media room, an exercise room, a sewing/craft room plus 6th BR and full bath. Perfect for older teen or young adult. Amazing plantings outside along w/ a 3 car garage, circular driveway and parking for at least 7 vehicles. Other additional features: 3 zone HVAC, newer Timberline roof, newer windows, 3 sets of washer/dryers, high hat lighting in nearly every room, wood and porcelain floors. Public water PLUS a 280 foot well for sprinklers, 22 heads for sprinklers, paver patio and walkways, custom JERITH fence around pool, security system. All appliances and window treatments stay. The 3 car garage door openers have battery backup. Freshly painted and ready for your furniture! Move in condition.
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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 9, 2020 | Sold | ||
| Sold | |||
| Sep 21, 2020 | Listed by Diane Turton, Realtors-Point Pleasant Boro | $1,299,000 | |
| Listed by Diane Turton, Realtors-Point Pleasant Boro | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017