38 WALNUT STREET
About This Property
Formal living and dining rooms provide ideal spaces for hosting, while low-maintenance engineered plank flooring spans the entire first floor. Upstairs, all bedrooms are generously sized, including a large primary suite with a walk-in closet and private en-suite bath.
Additional highlights include newer windows, a newer HVAC system and water heater installed within the past few years, and a full unfinished basement offering endless storage or future finishing potential. There is a 1 car garage with storage space, and interior access. This is a comfortable, move-in-ready home with updates already in place.
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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 27, 2026 | Sold | ||
| Sold | |||
| Jan 24, 2026 | In contract | - | |
| In contract | |||
| Jan 13, 2026 | Listed by RE/MAX Preferred - Mullica Hill | $360,000 | |
| Listed by RE/MAX Preferred - Mullica Hill | |||
| May 30, 2016 | Sold | ||
| Sold | |||
| Dec 29, 2015 | Listed by Brown Realtors | $129,100 | |
| Listed by Brown Realtors | |||
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This two-story home features 3 bedrooms and 2.5 bathrooms. This home is located walking distance from public transportation, police station, religious centers, shopping and more. Property has full unfinished basement and 2 storage sheds in the yard
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017