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501 Guy Walker Way
About This Property
Inside, enjoy a bright, open floor plan with hardwood floors, high ceilings, and elegant details throughout. The main level offers a formal dining room, living room, and a well-appointed kitchen with granite countertops, stainless steel appliances, and a breakfast area that opens to the family room with a fireplace. A first-floor bedroom and full bath provide great flexibility for guests or a home office.
Upstairs, the spacious primary suite includes a walk-in closet, dual vanities, soaking tub, and separate shower. Additional bedrooms and a large bonus room provide generous space for a variety of needs.
Relax year-round on the screened porch. Additional highlights include a two-car garage, a storage shed, and a fenced yard.
Enjoy Grove Park amenities, including a pool, tennis and basketball courts, a playground, and a scenic lake. Convenient to shopping, major highways, Duke, and more.
Recent updates: exterior paint (2025), select interior paint (2026), upstairs HVAC condenser (replaced in 2023), and updated range, dishwasher, & gas logs (2026).
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017