165 Walnut Drive
About This Property
Ready For New Owners! This Cozy Home is Perfectly Balanced For First Time Home Buyers or Empty Nesters--So Much Potential. Two Large Bedrooms, Living Room (All 3 w/Hardwood Flooring) Eat-in Kitchen and 4 Seasons Room To Use For-Dining or Family Room-You Decide. Full Walk-out Basement Partially Finished With Inside Access as Well. Private Yard Fenced With Vinyl. Close to All Forms of Transportation, Bus, Train and GSP. Walking Distance to Marina & Restaurants. Beaches and Boardwalk Close By. Catch This Opportunity Quickly!
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 12, 2023 | Sold | ||
| Sold | |||
| Feb 21, 2023 | Listed by Weichert Realtors-Brick | $365,000 | |
| Listed by Weichert Realtors-Brick | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017