301 walnut Street
About This Property
Welcome to this charming 2 bedroom, 2 fullbath home built in 1996, thoughtfully updated with major improvements that add exceptional value. Enjoy peace of mind with a brand new foundation, new subfloor, and a new AC unit big ticket upgrades that make this home stand out.
Inside, you'll find a comfortable layout with two spacious bedrooms and full bathrooms, perfect for small families, downsizers, or investors. Sitting on just under 1 acre, the property offers plenty of room to garden, play, or expand to fit your needs.
Conveniently located close to local schools and everyday amenities, this home is an ideal starter home or investment opportunity with minimal upcoming maintenance and tons of potential.
Don't miss your chance to own a beautifully updated home on a generous lot in a great location!
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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 |
|---|---|---|---|
| Feb 26, 2026 | No longer available | - | |
| No longer available | |||
| Nov 24, 2025 | Listed by Mersaes Real Estate, Inc. | $180,000 | |
| Listed by Mersaes Real Estate, Inc. | |||
| Aug 14, 2025 | Sold | ||
| Sold | |||
| Aug 13, 2025 | In contract | - | |
| In contract | |||
| Jul 3, 2025 | Listed by The Michael Group | $97,500 | |
| Listed by The Michael Group | |||
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Lot of Potential with this one! Priced to Sell!! Home is on a HUGE lot, completely fenced with two large gates. Home is in a great neighborhood with nice homes and quiet neighbors. This is a modest home with two bedrooms and two full bath rooms. Both bathrooms had water leaks and caused the floors to sag. Kitchen, the same thing, a small drip that eventually rotted out some of the floor. Back door is stubborn, you have to really pull to open it. The water is currently off at the meter. The layout is good and this could be someone's first home or be used as a great rental. But it will require some work. There may be a way to get a conventional loan, but cash would be the easiest. Seller will finance with 35% down, 9% interest rate and amortized over 30 years. Buyer will have to qualify with seller's lender, doing a soft pull on their credit to see if qualified. Property is priced to sell.
Buyer please confirm schools attendance zones are correct. Owner is also the listing agent.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017