5715 Walnutgate Drive
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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 |
|---|---|---|---|
| Feb 27, 2026 | Sold | ||
| Sold | |||
| Jan 30, 2026 | In contract | - | |
| In contract | |||
| Jan 14, 2026 | Listed by Redfin Corporation | $220,000 | |
| Listed by Redfin Corporation | |||
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Sun-filled 1-story in Greengate Place delivers easy living in a super convenient Spring location near I-45, FM 1960, Cypresswood & Treaschwig! A welcoming entry courtyard sets the tone, opening to a grand living room w/ built-ins, fireplace & plenty of space for a full seating area, plus a separate dining area for hosting. The well-equipped kitchen features granite counters, ample cabinetry & a bright breakfast nook for casual meals. Split 3/2 layout includes a private primary suite w/ dual sinks. Big-ticket updates bring major peace of mind: rain gutters, energy-saving/high-impact windows w/ warranty, PEX plumbing w/ warranty, replaced AC ducting, roof, water heater, foundation work, fresh paint, new carpet, updated lighting, ceiling fans & appliances. Enjoy manicured front & back yards, fenced backyard space, storage shed, plus 2 refrigerators + washer & dryer convey.
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| Jul 15, 2024 | Sold | ||
| Sold | |||
| Jun 18, 2024 | In contract | - | |
| In contract | |||
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About Greengate Place
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017