1
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533 Walnut Avenue #21
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 1, 2018 | Sold | ||
| Sold | |||
| Apr 16, 2018 | Listed by Douglas Elliman of California, Inc. | $475,000 | |
| Listed by Douglas Elliman of California, Inc. | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/20/2025
|
3 Bed
|
3 Bath
|
1420 ft²
|
$685,000
3 Bed
3 Bath
1420 ft²
|
$685,000
09/05/2025
|
Melinda Elmer
Century 21 Masters
| |
|
01/02/2023
|
3 Bed
|
2.5 Bath
|
1475 ft²
|
$614,998
3 Bed
2.5 Bath
1475 ft²
|
-
-
|
Mollie Mitchiner-Eubanks
Seven Gables Real Estate
| |
|
10/27/2022
|
3 Bed
|
2.5 Bath
|
1420 ft²
|
$649,000
3 Bed
2.5 Bath
1420 ft²
|
$595,000
-8.32%
12/29/2022
|
Jeff Anderson
eXp Realty of California, Inc.
| |
|
03/17/2021
|
3 Bed
|
3 Bath
|
1420 ft²
|
$629,000
3 Bed
3 Bath
1420 ft²
|
$629,000
05/12/2021
|
Sammer Mudawar
| |
|
11/17/2020
|
3 Bed
|
3 Bath
|
1420 ft²
|
$699,900
3 Bed
3 Bath
1420 ft²
|
$665,000
-4.99%
06/28/2021
|
BRYANT ALVARADO
CENTURY 21 CITRUS REALTY INC
| |
|
02/01/2020
|
3 Bed
|
2 Bath
|
1420 ft²
|
$510,000
3 Bed
2 Bath
1420 ft²
|
$535,000
+4.90%
03/24/2020
|
Stefanie Amar
Succetti Group Inc
| |
|
07/22/2019
|
3 Bed
|
3 Bath
|
1420 ft²
|
$549,900
3 Bed
3 Bath
1420 ft²
|
$550,000
+0.02%
10/07/2019
|
Jessica Panzica
Keller Williams - Long Beach Pacific Estates
| |
|
09/13/2018
|
3 Bed
|
3 Bath
|
1420 ft²
|
-
3 Bed
3 Bath
1420 ft²
|
-
-
|
-
| |
|
04/16/2018
|
3 Bed
|
2 Bath
|
1420 ft²
|
$475,000
3 Bed
2 Bath
1420 ft²
|
$490,000
+3.16%
06/01/2018
|
Chris Kwon
Real Brokerage Technologies
| |
|
02/20/2018
|
3 Bed
|
3 Bath
|
1420 ft²
|
$470,000
3 Bed
3 Bath
1420 ft²
|
$470,000
08/01/2018
|
Adrian Cafuentes
Century 21 A Better Service
| |
|
09/02/2017
| |
3 Bed
|
3 Bath
|
1420 ft²
|
-
3 Bed
3 Bath
1420 ft²
|
-
-
|
-
|
|
07/28/2017
|
3 Bed
|
2 Bath
|
1420 ft²
|
$485,000
3 Bed
2 Bath
1420 ft²
|
$475,000
-2.06%
10/06/2017
|
Dustin Ives
T.N.G. Real Estate Consultants
|
Building Info
About Franklin School
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017