26 WALNUT ROAD
About This Property
The home features a generous footprint with a large living room with fireplace, separate dining area, and spacious kitchen with abundant cabinetry, counter space, center island, and additional storage. The functional layout and generously sized rooms provide a solid starting point for renovations and improvements.
Both full bathrooms have been updated, including the primary en suite with some wheelchair-accessible features, shower seating, and a soaking tub. While some improvements have already been completed, the property offers plenty of opportunity for additional updates and customization.
The large wooded setting provides privacy and additional outdoor space, while the included rear parcel adds another element of potential to this unique property. Whether you're looking for your next renovation project, rental opportunity, or property to improve and hold, this one is worth a look. Also included is a large shed in great condition, offering valuable additional storage and the potential for a dedicated outdoor workspace or workshop area.
Property is being sold strictly AS IS. Buyer is solely responsible for all due diligence and for obtaining any required approvals, permits, licenses, inspections, certifications, and any other requirements related to the property and additional lot. No FHA offers will be accepted. Please do not approach the property without a licensed Realtor. Cameras are present.
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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 |
|---|---|---|---|
| Aug 12, 2026 | Listed by EXIT Realty Defined | $215,000 | |
| Listed by EXIT Realty Defined | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017