$342,500
●
Condo -
Off Market
5 Walnut Street #B8
Rye City, NY 10580
1 Bed
1 Bath
740 Ft²
$366,271
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model
About This Property
Welcome to Rye Wood Gardens! Unit B8 is freshly painted,
professionally cleaned and ready for its next owner to enjoy all
that Rye City offers. This one bedroom CONDO is an excellent
investment, starter or downsize property. B8 is a first floor
garden apartment offering an updated kitchen with abundant cabinet
space and counter seating open to the spacious living and dining
area. Updated bathroom, 4 closets, a sizable bedroom, and an
assigned parking space complete this great condo package. No need
to exit your building for storage and laundry- the lower level
staircase is right outside the unit door allowing easy access
to your private storage room and the common laundry center.
The downtown location is prime! Walk to Rye's quaint and thriving
"Main Street", metro north, schools, YMCA, library, worship, nature
center and the Rye Arts Center. Residents have the option to enjoy
beach access, membership to the Rye Golf Club and the Rye Marina.
Pets are welcome and renting is allowed. Additional Information:
Amenities:Storage,HeatingFuel:Oil Above Ground,
Unit Size
740 Ft²
Days on Market
-
Land Size
-
Price per sqft
$486
Property Type
Condo
Property Taxes
$275
HOA Dues
$502
Year Built
1950
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 months ago (OneKey MLS #KEYH6229080)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 28, 2023 | Sold | ||
| Sold | |||
| Mar 24, 2023 | In contract | - | |
| In contract | |||
| Mar 8, 2023 | Price Decreased |
$359,999
↓ $20K
(5.3%) | |
| Price Decreased | |||
| Mar 8, 2023 | Relisted | $379,999 | |
| Relisted | |||
| Mar 1, 2023 | In contract | - | |
| In contract | |||
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Property Highlights
Parking Available
Garage
Parking Details
Parking Features: Assigned, Parking Lot
Interior Details
Full Bathrooms: 1
Interior Features: First Floor Bedroom, First Floor Full Bath, Quartz/Quartzite Counters
Appliances: Dishwasher, Microwave, Refrigerator, Oil Water Heater
Flooring Type: Hardwood
Rooms: 3
Basement: Walk-Out Access, See Remarks
Exterior Details
Has Property Attached
Square Footage: 740
Square Footage Source: $0
Property Condition: Actual
Architectural Style: Garden
Year Built: 1956
Waterfront Features: Beach Access
Levels: One
Window Features: Blinds
Construction Materials: Brick, Frame
Lot Features: Near Public Transit, Near School, Near Shops
Water Source: Public
Financial Details
Tax Assessed Value: $3,192
Tax Annual Amount: $3,296
Utilities Details
Cooling Type: Wall/Window Unit(s)
Heating Type: Hot Water, Oil, Radiant
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, Sewer, Snow Removal, Trash, Water, Exterior Maintenance, Heat, Hot Water, Other
HOA/Condo/Coop Amenities: Park
HOA Fee: $502
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/25/2024
|
1 Bed
|
1 Bath
|
700 ft²
|
$350,000
1 Bed
1 Bath
700 ft²
|
$370,000
+5.71%
08/16/2024
|
Jessica Sigmund
Compass Greater NY, LLC
| |
|
02/02/2023
|
1 Bed
|
1 Bath
|
-
|
$379,999
1 Bed
1 Bath
|
$342,500
-9.87%
04/28/2023
|
Deborah M. Nye
Julia B Fee Sothebys Int. Rlty
| |
|
03/03/2022
|
2 Bed
|
1 Bath
|
-
|
$375,000
2 Bed
1 Bath
|
$385,000
+2.67%
05/04/2022
|
Patricia McCabe
Weichert Realtors
| |
|
12/06/2016
|
1 Bed
|
1 Bath
|
725 ft²
|
$289,000
1 Bed
1 Bath
725 ft²
|
$320,100
+10.76%
01/19/2017
|
Susanna Cronin
Coldwell Banker Realty
| |
|
11/10/2015
|
1 Bed
|
1 Bath
|
700 ft²
|
$209,000
1 Bed
1 Bath
700 ft²
|
$209,000
02/12/2016
|
Peggy Jackson
Compass Greater NY, LLC
| |
|
06/09/2012
|
3 Bed
|
1 Bath
|
1035 ft²
|
$425,000
3 Bed
1 Bath
1035 ft²
|
$400,000
-5.88%
03/22/2013
|
Patricia McCabe
Weichert Realtors
|
Building Info
About Rye
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Last Updated: 5 months ago
Data Source: OneKey MLS
Data Source: OneKey MLS
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