4301 WALTHER AVE
About This Property
Upon entering, you are greeted by a spacious foyer leading to a grand dining room adorned with decorative molding. The dining room seamlessly flows into the recently renovated kitchen, featuring new windows, stainless steel appliances, and granite countertops. The kitchen offers ample space and abundant storage, making it a chef's delight. Adjacent to the kitchen, a door provides access to the expansive unfinished basement and the exterior of the home.
The main floor also encompasses a sizable living room with beautiful molding, original light fixtures, and a wood-burning fireplace. Completing the main level is a coveted sunroom, offering versatility as a reading room, office, play area, or yoga/Peleton room. This home boasts beautiful hardwood floors throughout the main living areas and bedrooms adding to the warmth and charm.
Ascending the central staircase, the second floor hosts four bedrooms and a recently updated full bathroom. Don't miss the built in medicine cabinet for extra storage! One of the bedrooms provides access to a spacious sun porch, perfect for relaxing. The third floor features two additional bedrooms and a charming bathroom, ideal for use as offices, craft rooms, or additional bedrooms.
This remarkable home also includes an oversized garage with interior access to the basement- convenient on those rainy and snowy days. The basement has tall ceilings and a ton of space, presenting an opportunity for additional living area if finished.
Don't miss the opportunity to make this well maintained home your own. Conveniently located near Herring Run Park, Lake Montebello, Morgan State University, and all the shops, dining, and amenities of Harford Rd.
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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 |
|---|---|---|---|
| Jul 19, 2024 | Sold | ||
| Sold | |||
| Jun 29, 2024 | In contract | - | |
| In contract | |||
| Jun 7, 2024 | Listed by Compass | $380,000 | |
| Listed by Compass | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017