40 Walter St
About This Property
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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 |
|---|---|---|---|
| Nov 19, 2025 | Sold | ||
| Sold | |||
| Oct 17, 2025 | In contract | - | |
| In contract | |||
| Oct 14, 2025 | Listed by RE/MAX Partners | $499,900 | |
| Listed by RE/MAX Partners | |||
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OPEN HOUSE CANCELED. Welcome to this charming 3 bed, 3 full bath home just off Moreland St in Worcester! This beautifully maintained property features an updated kitchen, brand-new heating system, new roof, new siding, and a freshly paved driveway — all completed within the past year. Nestled in a quiet, desirable neighborhood, this home sits on a spacious lot perfect for outdoor living/entertaining. With generous living space and modern upgrades throughout, it's the perfect blend of comfort and convenience. Don’t miss your chance to own a turnkey home in a prime location - Schedule your showing today!
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| Dec 6, 2016 | Sold | ||
| Sold | |||
| Sep 21, 2016 | Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. | $229,900 | |
| Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017