44 Walnut 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 |
|---|---|---|---|
| Aug 23, 2024 | Sold | ||
| Sold | |||
| Jul 6, 2024 | In contract | - | |
| In contract | |||
| Jun 19, 2024 | Listed by Heritage House Sotheby's International Realty | $650,000 | |
| Listed by Heritage House Sotheby's International Realty | |||
| Jul 9, 2021 | Sold | ||
| Sold | |||
| May 1, 2021 | Listed by Coldwell Banker Realty | $500,000 | |
| Listed by Coldwell Banker Realty | |||
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Welcome Home! Privacy Abounds at this Gorgeous Home within Walking distance to Fairview Elementary School & Bus Line to NYC~Near Great Shopping and just minutes to Red Hot Red Bank~Lovingly Cared for Upgraded and Maintained~Roof new in 2017, Furnace 2015, Water Heater 2016~Amazing Landscaping with in-ground Sprinkler System~Paver Driveway & Patio~Spacious Deck Off Dining Room~Beautiful Hardwood Floors~Newer Stainless Steel Appliances & Granite Counter Tops~New Full Bathroom in 2020~Newer fixtures in 1st Floor Bath with Shower Stall~With over 2000 Sq. Ft. there is Plenty of Room for Everyone! Make an Appointment for your Private Tour today. Middletown Twp. with a Red Bank Mailing zip 07701
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017