2450 Walters Way #4
About This Property
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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 |
|---|---|---|---|
| Mar 14, 2025 | Sold | ||
| Sold | |||
| Dec 19, 2024 | Listed by Exp Realty of California Inc. | $379,000 | |
| Listed by Exp Realty of California Inc. | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/31/2024
|
2 Bed
|
1 Bath
|
900 ft²
|
$378,900
2 Bed
1 Bath
900 ft²
|
$370,000
-2.35%
12/19/2025
|
Imelda Fuller
Millennium Homes Realty
| |
|
12/19/2024
|
2 Bed
|
1 Bath
|
900 ft²
|
$379,000
2 Bed
1 Bath
900 ft²
|
$391,000
+3.17%
03/14/2025
|
Hector Buenrostro
Exp Realty of California Inc.
| |
|
04/01/2024
|
2 Bed
|
1 Bath
|
900 ft²
|
$389,000
2 Bed
1 Bath
900 ft²
|
-
-
|
Ken Marson
Realty One Group Elite
| |
|
12/12/2023
|
2 Bed
|
1 Bath
|
900 ft²
|
$389,000
2 Bed
1 Bath
900 ft²
|
$389,000
03/29/2024
|
Jordan Coccimiglio
Redfin Corporation
| |
|
08/24/2023
| |
2 Bed
|
1 Bath
|
900 ft²
|
$350,000
2 Bed
1 Bath
900 ft²
|
-
-
|
Troy Thinh Khuu
Intero Real Estate Services
|
|
07/08/2022
|
2 Bed
|
1 Bath
|
900 ft²
|
$349,999
2 Bed
1 Bath
900 ft²
|
-
-
|
Brionna Chang
Redfin
| |
|
01/29/2022
|
2 Bed
|
1 Bath
|
900 ft²
|
$345,000
2 Bed
1 Bath
900 ft²
|
-
-
|
Richard Fleming
Realty ONE Group Future
| |
|
03/22/2021
|
2 Bed
|
1 Bath
|
900 ft²
|
$319,900
2 Bed
1 Bath
900 ft²
|
$315,000
-1.53%
04/30/2021
|
Konstantin Safris
| |
|
07/10/2020
|
2 Bed
|
1 Bath
|
900 ft²
|
$309,000
2 Bed
1 Bath
900 ft²
|
$309,000
08/19/2020
|
Joanne Heald
| |
|
04/29/2020
| |
2 Bed
|
1 Bath
|
900 ft²
|
$319,000
2 Bed
1 Bath
900 ft²
|
-
-
|
-
|
|
03/28/2019
|
2 Bed
|
1 Bath
|
900 ft²
|
$309,950
2 Bed
1 Bath
900 ft²
|
-
-
|
-
| |
|
06/26/2018
|
2 Bed
|
1 Bath
|
900 ft²
|
$314,900
2 Bed
1 Bath
900 ft²
|
$318,000
+0.98%
08/03/2018
|
Craig Lawler
HOMESMART OPTIMA REALTY
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017