508 N WALNUT Street
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 |
|---|---|---|---|
| Jan 17, 2025 | Sold | ||
| Sold | |||
| Nov 21, 2024 | In contract | - | |
| In contract | |||
| Sep 20, 2024 | Listed by CW REALTY | $397,800 | |
| Listed by CW REALTY | |||
| | |||
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Step into this beautifully restored 1940's gem, where every step feels like a journey back in time. With gorgeous wood flooring and a cozy fireplace, this home wraps you in comfort and charm. You'll love the spacious rooms, perfect for family gatherings, and the breakfast nook surrounded by sunlight streaming through the windows - it's like having your own little sanctuary. The sellers poured their hearts into preserving the original character of the home, so you'll feel like you're stepping into history while still enjoying all the modern comforts. Plus, there's a versatile studio apartment/4th bedroom that's perfect for guests, a home office, or use as a rental. Situated on a big corner lot right in the heart of the city, this home offers the best of both worlds - convenience and a peaceful retreat. Call today to schedule your showing! needs. Come experience the warmth and charm of this lovingly restored home - it's the perfect blend of old-fashioned coziness and modern convenience, just waiting for you to make it your own. Don't miss the before and after shots! You will truly appreciate the transformation this home has gone through. Call today and set your time to see this beautiful property!
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| Aug 25, 2024 | No longer available | - | |
| No longer available | |||
| Jul 8, 2024 | Price Decreased |
$449,900
↓ $40K
(8.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017