520 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 14, 2018 | No longer available | - | |
| No longer available | |||
| Jun 13, 2018 | Sold | ||
| Sold | |||
| May 15, 2018 | Listed | $955,000 | |
| Listed | |||
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Welcome to Walnut Avenue, a prestigious parade of homes with so many amazing styles. This home is often described as a Victorian farmhouse, a farmhouse built in the era of Queen Victoria. It is possible this Santa Cruz Charmer was built in an architectural style that is designed based on local needs, availability of construction materials and reflecting local traditions. Built on the edge of a bustling city, great commute and location, the materials used were sourced locally as with many homes in Santa Cruz. Qualities valued then and today. Windows line the rooms for light and peeks of greenery. The living room is lush and has room for game table and piano! Kitchen is newly old fashioned and is tiled in the old world style and the bedrooms are tucked away from the bustle. Large patio for entertaining and gardens, and play, lots of room for visitors, completely fenced backyard for pets. Flexible space in outbuilding. Easy access to downtown, freeways.Walnut is wonderful come see! The manager has listed the unit size as 1458 square feet.
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| Mar 20, 2018 | Listed by David Lyng Real Estate | $955,000 | |
| Listed by David Lyng Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017