2415 Walter Drive
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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%.
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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.
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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 |
|---|---|---|---|
| Apr 17, 2025 | Sold | ||
| Sold | |||
| Mar 23, 2025 | In contract | - | |
| In contract | |||
| Mar 17, 2025 | Listed by Coldwell Banker Professionals | $389,900 | |
| Listed by Coldwell Banker Professionals | |||
| Jun 26, 2020 | Sold | ||
| Sold | |||
| May 5, 2020 | Listed by Howard Hanna | $287,500 | |
| Listed by Howard Hanna | |||
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This delightful west side ranch is move-in ready! You will love the open layout highlighted by the vaulted ceiling and high windows that bring in abundant natural light. The kitchen was renovated in 2014 and features a cast iron sink basin, ample cabinets with solid maple doors and drawer fronts, easy care cork flooring and a solid maple, sit-at, counter top that extends into the dining room. The kitchen also has updated plumbing and electrical. The main floor has newly refinished hardwood floors and fresh paint. All main floor windows have been replaced and have a transferrable lifetime warranty. The full basement provides more flexible space and has a full bathroom. Step out into the private fenced backyard to enjoy the deck and greenery. Easy access to M-14 and the AATA bus line and wal walking distance to Haisley Elementary School, ALDI, Plum Market and Veteran's Park., Rec Room: Partially Finished, Rec Room: Finished
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About West Ann Arbor
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017