3831 Walnut Avenue
About This Property
Step outside into a fully reimagined backyard oasis-ideal for family gatherings, weekend BBQs, and memorable events. Thoughtfully designed for entertainment, the space includes open patio areas, lush landscaping, and plenty of room to relax or play.
Whether you're a first-time buyer, investor, or someone looking for a future income opportunity, this home checks all the boxes. Conveniently located near schools, shopping, and commuter routes-this is one you don't want to miss!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 17, 2025 | Sold | ||
| Sold | |||
| Nov 16, 2025 | In contract | - | |
| In contract | |||
| Nov 16, 2025 | Price Increased |
$725,000
↑ $20K
(2.8%) | |
| Price Increased | |||
| Oct 1, 2025 | Relisted | $705,000 | |
| Relisted | |||
| Sep 3, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017