55
Map
281 Wallis
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 |
|---|---|---|---|
| Sep 12, 2026 | In contract | - | |
| In contract | |||
| Sep 3, 2026 | Listed by Samonas Realty, LLC | $1,729,000 | |
| Listed by Samonas Realty, LLC | |||
| Nov 2, 2017 | Sold | ||
| Sold | |||
| Sep 2, 2017 | Listed | $399,000 | |
| Listed | |||
| | |||
|
Home is being sold as is. It is a true Handyman Special. Perfect for a flip or build new. Good footprint. The location is great and the lot charming. Seller has raised his family there but just not a handy guy so we have a case of deferred maintenance. We need day before notice as Wally the dog gets upset when strangers are there. Please show to serious buyers only. The manager has listed the unit size as 1374 square feet.
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| Jul 28, 2017 | Listed by Samonas Realty, LLC | $399,000 | |
| Listed by Samonas Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017