3607 Walnut
About This Property
The home features a functional floor plan, a spacious driveway with parking for approximately 4–6 vehicles, a detached garage, a separate storage room, and a generously sized backyard offering plenty of space for outdoor entertaining, gardening, or future possibilities. The kitchen has received some tasteful updates while maintaining its practical character.
The combination of ample parking, a private backyard, garage, and additional storage makes this property especially versatile and practical for everyday living.
Situated on a desirable residential street, this property offers convenient access to local schools, shopping, dining, major freeways, and surrounding communities. Whether you're a first-time buyer, looking for additional space, or an investor seeking a property with upside potential, 3607 Walnut Avenue is a great opportunity to make a home your own.
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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 |
|---|---|---|---|
| Oct 14, 2026 | In contract | - | |
| In contract | |||
| Sep 17, 2026 | Listed by Realty One Group United | $650,000 | |
| Listed by Realty One Group United | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017