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59 Walter Drive
About This Property
The main level features gleaming hardwood floors throughout and an inviting eat-in kitchen with custom cabinetry, granite countertops, stainless steel appliances and recessed lighting. Just off the kitchen is access to the Trex deck, perfect for outdoor entertaining and relaxing. The dining room offers plenty of space for gatherings, while the spacious living room is a wonderful place to unwind. A large window fills the room with natural light and provides stunning river views that can be enjoyed throughout the day.
The spacious primary suite offers a private retreat and features a full primary bathroom with a stand-up shower. Two additional bedrooms and an updated hallway bathroom complete the main level.
The lower level offers a spacious family room, a fourth bedroom currently being used as a home office, a full bathroom and a convenient laundry area. This level provides additional flexible living space and easy access to the attached two-car garage.
Enjoy the outdoors in the backyard, situated on a desirable corner lot with plenty of space to relax and entertain. Additional features include a new roof installed in 2021, central air, a Nest thermostat, three heating zones, one AC zone, a six-zone sprinkler system, garage door openers, a paved driveway and convenient attic storage.
This wonderful home offers a great combination of comfort, space and a great location. Don't miss your opportunity to make 59 Walter Drive your new home!
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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 21, 2026 | In contract | - | |
| In contract | |||
| Aug 13, 2026 | Listed by Howard Hanna Rand Realty | $675,000 | |
| Listed by Howard Hanna Rand Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017