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249 Walnut Bend Road
About This Property
Inside, the open-concept kitchen, dining, and living areas create a natural gathering space for everyday living and entertaining. Fresh neutral paint and wood-look luxury vinyl plank flooring flow throughout, while recently updated kitchen appliances, a spacious pantry with added shelving, and a full-size utility room add function and storage.
This split floor plan with three generously sized bedrooms provide plenty of flexibility, including a spacious primary suite with an en-suite bathroom, walk-in shower, and large walk-in closet.
Outside, the oversized backyard really sets this home apart. With a wooded backdrop and no rear neighbors, the space feels private and peaceful, while the generously sized covered patio creates an ideal spot for outdoor dining, entertaining, or simply enjoying the view. A recently upgraded wood fence adds even more privacy to the space.
Additional features include a water softener system and floored attic space for added storage - and the seller is leaving the kitchen fridge, washer, and dryer with the home! With thoughtful updates, a functional single-story layout, a private backyard setting, and no HOA, this Springtown home offers the space and flexibility to truly make it your own.
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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 |
|---|---|---|---|
| Oct 14, 2026 | Price Decreased |
$275,000
↓ $5K
(1.8%) | |
| Price Decreased | |||
| Sep 16, 2026 | Listed by EXP REALTY | $280,000 | |
| Listed by EXP REALTY | |||
| Apr 29, 2025 | Sold | ||
| Sold | |||
| Apr 8, 2025 | In contract | - | |
| In contract | |||
| Mar 29, 2025 | Price Decreased |
$290,000
↓ $5K
(1.7%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017