2520 Walters Way #7
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 |
|---|---|---|---|
| Dec 20, 2024 | Sold | ||
| Sold | |||
| Nov 28, 2024 | In contract | - | |
| In contract | |||
| Nov 17, 2024 | Price Decreased |
$349,950
↓ $10K
(2.8%) | |
| Price Decreased | |||
| Oct 7, 2024 | Relisted | $359,950 | |
| Relisted | |||
| Oct 5, 2024 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/13/2024
|
2 Bed
|
1 Bath
|
780 ft²
|
$349,000
2 Bed
1 Bath
780 ft²
|
$310,000
-11.17%
12/09/2024
|
Sydney Chu
Byerly Properties Inc.
| |
|
08/15/2024
|
2 Bed
|
1 Bath
|
780 ft²
|
$370,000
2 Bed
1 Bath
780 ft²
|
$345,000
-6.76%
12/20/2024
|
Alex Khodadad
Delphi Realty Group
| |
|
04/15/2016
|
2 Bed
|
1 Bath
|
780 ft²
|
$230,000
2 Bed
1 Bath
780 ft²
|
$198,000
-13.91%
06/21/2016
|
Laurie Wexner
COLDWELL BANKER GUIDANCE REALTY
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017