409 Walker Avenue
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 |
|---|---|---|---|
| Dec 12, 2024 | Sold | ||
| Sold | |||
| Nov 11, 2024 | In contract | - | |
| In contract | |||
| Nov 5, 2024 | Listed by Housewell.Com Realty of North Carolina LLC | $119,000 | |
| Listed by Housewell.Com Realty of North Carolina LLC | |||
| | |||
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Investor special. Home needs complete renovation. Rehabbed comps are promising. Roof is 8 years old, HVAC is 9 years old. Kitchen has standard appliances (new stove) and formica countertops. Home also has storm windows. No representation. Buyer to verify all information.
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| May 18, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017