595 WALKER RD
About This Property
The property features a charming corral with an electrified fence, lush green grass, and a two-stall horse shed just behind the house. Wander through a thicket of woods to an expansive pasture perfect for grazing or cultivated crops. With Winslow Township's horse ordinance allowing for two horses on the first acre and one additional horse for every 10,000 sq ft, this property can comfortably house over 20 horses given proper shelter. The 2,400 sq ft (+/-) Cape Cod-style home boasts 5 bedrooms and 3 full baths. Two bedrooms are conveniently located downstairs, while the upper bedrooms feature classic sloped ceilings, each with its own dormer. A line of seven magnificent tulip trees parallel to Walker Road leads to the massive poured concrete driveway and a spacious two-car garage. Inside, you'll find timeless wood floors, luxurious hot water baseboard heating (the best money can buy), and dual-zone central air conditioning. Thick baseboard moldings and mostly Andersen windows add elegance throughout the home. Enjoy 4 public rooms and a country kitchen: a formal dining room, a formal living room with a baby grand piano and wood-burning fireplace, a step-down family room with a centered wood-burning fireplace, and a three-season room equipped with baseboard heating and glorious views of the backyard and primary horse corral. A side-entry mudroom is complete with a full bathroom and laundry room, while the partial basement features a 200 Amp electrical service, a Weil McLain boiler with copper piping, and ample storage space. If you relish the outdoors and all types of flora and fauna, this meticulously clean property is ready for you to move in-hammock included! Subject to Seller Suitable Housing. Make your appointment today and experience the serene charm of 595 Walker Road firsthand.
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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 |
|---|---|---|---|
| Sep 4, 2024 | Sold | ||
| Sold | |||
| May 21, 2024 | In contract | - | |
| In contract | |||
| May 18, 2024 | Price Increased |
$579,900
↑ $900
(0.2%) | |
| Price Increased | |||
| May 14, 2024 | Listed by Joe Wiessner Realty LLC | $579,000 | |
| Listed by Joe Wiessner Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017