302 WALNUT STREET
About This Property
Primary Bedroom is on the first floor for convenience and all one level living if you need it. The primary bath includes a vintage-style tile surround that adds a touch of nostalgic charm to the home.
Upstairs, you'll find two additional bedrooms, a full bath with a walk-in shower, and access to a large attic space through one of the bedrooms-ideal for future expansion or storage. This level also features a large walkin closet with additional storage area behind for further storage options or office space.
Step outside to enjoy the screened porch or enclosed outdoor entertaining space, both perfect for relaxing or hosting year-round. The detached garage provides covered parking for one car and includes a large adjoining storage area and insulated workshop-offering flexible space for hobbies, tools, or seasonal gear. Mature landscaping, sidewalks, and exterior lighting complete the picture of this well-cared-for property.
With its historic charm, flexible layout, and great yard space, this home offers the perfect mix of comfort and possibility-all just a short walk to downtown, Mill Park, Wagamon's Pond, and Milton Memorial Park where you can visit the bandstand for live entertainment, take a stroll along the Broadkill River, or visit the picnic and playground area. Enjoy the convenience of being minutes from local shops, dining, and community events all year!
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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 |
|---|---|---|---|
| Feb 2, 2026 | Sold | ||
| Sold | |||
| Dec 29, 2025 | In contract | - | |
| In contract | |||
| Oct 27, 2025 | Price Decreased |
$499,000
↓ $16K
(3.1%) | |
| Price Decreased | |||
| Oct 7, 2025 | Price Decreased |
$515,000
↓ $34K
(6.2%) | |
| Price Decreased | |||
| Sep 10, 2025 | Price Decreased |
$549,000
↓ $16K
(2.8%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017