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2456 Walcott Lane
About This Property
Located in the growing Independence Heights area, this home combines modern comfort with unbeatable convenience. Enjoy quick access to I-45 and Loop 610, making commutes to Downtown, The Heights, and The Galleria a breeze. This turnkey home makes moving effortless-all major appliances are included.
Low tax rate and not in a flood zone, per seller.
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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 |
|---|---|---|---|
| Dec 17, 2025 | Sold | ||
| Sold | |||
| Oct 14, 2025 | In contract | - | |
| In contract | |||
| Jul 22, 2025 | Listed by The Larios Home Group | $375,000 | |
| Listed by The Larios Home Group | |||
| May 28, 2025 | Price Decreased |
$434,000
↓ $15K
(3.3%) | |
| Price Decreased | |||
| Feb 14, 2025 | Listed | $449,000 | |
| Listed | |||
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This New Constuction home is located in the growing Independence Heights area. Home has great finishes such as, flooring, tile work, fixtures, hardware, outdoor lighting on soffit, covered back patio, exterior craftsmanship, etc. **Bonus** storage room on 2nd floor which can also be converted to a game room, theater room, or another bedroom. This one you have to SEE!
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Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017