162 Walnut #2
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 |
|---|---|---|---|
| Jan 12, 2024 | Sold | ||
| Sold | |||
| Nov 16, 2023 | In contract | - | |
| In contract | |||
| Oct 10, 2023 | Listed by Compass | $899,000 | |
| Listed by Compass | |||
| Jun 23, 2008 | Sold | ||
| Sold | |||
| Feb 4, 2008 | Listed by Compass | $449,000 | |
| Listed by Compass | |||
| | |||
|
THIS CHARMING AND SPACIOUS 3 BEDROOM CONDO HAS WONDERFUL OLD WORLD CHARM. THERE IS ABUNDANT NATURAL WOODWORK THROUGHOUT, BUILT-INS, STAINED GLASS & AN ORNAMENTAL FIREPLACE IN THE DINING ROOM. THERE ARE FRONT AND REAR PORCHES, AN EAT-IN KITCHEN & PANTRY. LOCATED ON PILL HILL IN THE LINCOLN SCHOOL NEIGHBORHOOD. THERE IS TRANSFERRABLE PARKING.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/10/2023
|
3 Bed
|
1 Bath
|
1328 ft²
|
$899,000
3 Bed
1 Bath
1328 ft²
|
$880,000
-2.11%
01/12/2024
|
Elisabeth Preis
Compass
| |
|
02/04/2008
|
3 Bed
|
1 Bath
|
1328 ft²
|
$449,000
3 Bed
1 Bath
1328 ft²
|
$436,950
-2.68%
06/23/2008
|
Bobbie Madigan
| |
|
04/15/2005
|
3 Bed
|
1 Bath
|
1328 ft²
|
$439,000
3 Bed
1 Bath
1328 ft²
|
$434,500
-1.03%
07/15/2005
|
Bobbie Madigan
| |
|
04/25/2003
|
3 Bed
|
1 Bath
|
1328 ft²
|
$425,000
3 Bed
1 Bath
1328 ft²
|
$420,000
-1.18%
08/21/2003
|
Roberta Gross-Torres
Hammond Residential Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017