318 WALNUT AVE
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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 |
|---|---|---|---|
| Sep 13, 2024 | Sold | ||
| Sold | |||
| Aug 18, 2024 | In contract | - | |
| In contract | |||
| Aug 1, 2024 | Listed by Weichert Realtors - Moorestown | $367,500 | |
| Listed by Weichert Realtors - Moorestown | |||
| Jun 16, 2020 | Sold | ||
| Sold | |||
| Apr 17, 2020 | Listed by Coldwell Banker Realty | $225,000 | |
| Listed by Coldwell Banker Realty | |||
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Need Space? Check out this renovated Dutch Colonial in Cypress Gardens Section of Gloucester City! This gem is located on a double lot with a long driveway and detached 2 car garage The garage has a walk up loft for storage. The interior has been renovated from top to bottom. As you enter your new home, you will appreciate the quality work done here. The front sitting porch is heated for additional living area. There is a large coat closet with a custom closet organizer. There is a large formal living followed by a formal dining room. The kitchen is a chef's dream! Cabinet space galore and plenty of Granite counter space complete with a new stainless steel appliance package. the kitchen has room for a table plus opens to a family room. There is a full laundry room with a full bath off the family room. In addition to the 3 bedrooms, there is large heated 3rd floor that could be a large bedroom or a recreation/game room. Gloucester City has FREE, full day pre school for 3 and 4 year olds. House comes complete with an one year home warranty!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017