3707 Walnut Avenue
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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%.
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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.
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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 |
|---|---|---|---|
| Apr 11, 2025 | Sold | ||
| Sold | |||
| Feb 11, 2025 | Listed by Re/Max R. E. Specialists | $1,249,000 | |
| Listed by Re/Max R. E. Specialists | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jul 7, 2021 | In contract | - | |
| In contract | |||
| Jun 30, 2021 | Listed by Keller Williams Coastal Prop. | $1,049,000 | |
| Listed by Keller Williams Coastal Prop. | |||
| | |||
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Welcome to this wonderful classic Spanish located in the heart of Historical Cal Heights. This fully restored 3 bedroom 2 bath home retains so many of the original features including beautiful front picture window, mahogany front door with original door hardware, and refinished original hardwood flooring, The home has lots of natural light which come through the professionally restored double hung casement windows, trimmed in copper. The main bedroom suite features beautiful french doors leading to the brand new deck, and the main bath has beautiful patterned tile and custom wainscoting. Additional upgrades includes central heating and A/C with new ducting, new flat roof, new electrical wiring, new plugs and switches, copper plumbing, new drain lines and new gas lines from the meter. The home is situated on an oversized lot complete with a custom and remodeled detached two car garage including new custom iron side door, custom glass pane roll up garage door, recessed lighting, interior barn door- all perfect for home office, yoga studio or future ADU. Short walk to award winning, California Distinguished Schools, Longfellow Elementary and Hughes Middle School. Classic California living. The manager has listed the unit size as 1475 square feet.
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About California Heights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017