224 Walnut St
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 |
|---|---|---|---|
| Jun 30, 2010 | Sold | ||
| Sold | |||
| May 15, 2009 | Listed by Hammond Residential Real Estate | $895,000 | |
| Listed by Hammond Residential Real Estate | |||
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This 1957 "Montana cedar core house",built on slab, needs considerable TLC. It is sited on large, level and secluded lot in sought after Lincoln School neighborhood. With imagination, house can be transformed to interesting contemporary,offering comfortable,open space and one level living - click on floor plans. Lot size would allow expansion/addition with permission of Preservation Commission. House is at end of 120' driveway - PLEASE PARK ON WALNUT STREET AND WALK TO HOUSE.
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| Jul 29, 2004 | Sold | ||
| Sold | |||
| Jun 7, 2004 | Listed by Hammond Residential R. E. | $1,150,000 | |
| Listed by Hammond Residential R. E. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017