278 Walnut
About This Property
This move-in ready 3-bedroom, 1-bath home is a fantastic opportunity for homeowners or investors alike. Featuring ceiling fans throughout for year-round comfort, the home offers a functional layout filled with natural light. The oversized backyard provides endless potential-perfect for entertaining, outdoor living, gardening, or future expansion. Conveniently located near schools, shopping, and local amenities, this property combines charm, space, and value in a desirable Shafter neighborhood. Don't miss your chance to make this home your own!
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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 |
|---|---|---|---|
| Apr 22, 2026 | Sold | ||
| Sold | |||
| Mar 13, 2026 | In contract | - | |
| In contract | |||
| Mar 11, 2026 | Relisted | $253,000 | |
| Relisted | |||
| Feb 18, 2026 | In contract | - | |
| In contract | |||
| Feb 15, 2026 | Relisted | $253,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017