623 Walnut Avenue #3
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 |
|---|---|---|---|
| Apr 2, 2019 | Sold | ||
| Sold | |||
| Feb 22, 2019 | Listed by Keller Williams Realty | $399,900 | |
| Listed by Keller Williams Realty | |||
| |||
|
This meticulously remodeled 2 bed, 2 bath designer condo offers the modern features you are looking for. The key pad front door opens into a fresh, open concept floor plan. The completely remodeled kitchen features brand new Samsung stainless steel appliances, waterfall quartz counter top, subway tile backsplash, and shaker style cabinets. The eye catching stainless sink has a pull down spring deck faucet. New dual pane windows and waterproof vinyl plank flooring throughout the entire condo makes care and maintenance easy. The inside laundry closet includes a new stackable washer and dryer. The living room features built-in cabinets for storage. Recessed LED lighting and crown moulding throughout give a finished look. There are two well proportioned bedrooms with ample light, closet space and sleek remote controlled ceiling fans. The remodeled bathrooms are tastefully appointed with quartz counter tops, glass tiled niche for your shampoos, a sleek and modern sink and a high tech mirror with LED lights that turn on when you touch the iPhone inspired button. Other smart features include a WiFi touchscreen smart thermostat, Schlage touchpad front door, USB outlets in the kitchen and master bedroom. A calm, tranquil balcony off the master bedroom allows you to relax after a busy day. The ground level garage has assigned parking for 1 car. Perfectly located, this condo is only 2 blocks to the restaurants and shops on Retro Row and the beach is close by!
| |||
| Nov 21, 2018 | Sold | ||
| Sold | |||
| Aug 20, 2018 | Listed by Keller Williams Pacific Estate | $299,000 | |
| Listed by Keller Williams Pacific Estate | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/11/2020
|
2 Bed
|
2 Bath
|
820 ft²
|
$409,900
2 Bed
2 Bath
820 ft²
|
-
-
|
-
| |
|
11/15/2019
|
2 Bed
|
2 Bath
|
810 ft²
|
$420,000
2 Bed
2 Bath
810 ft²
|
-
-
|
-
| |
|
02/26/2019
|
2 Bed
|
2 Bath
|
794 ft²
|
$319,000
2 Bed
2 Bath
794 ft²
|
$313,000
-1.88%
05/10/2019
|
Mod O'Connell
Century 21 On Target
| |
|
02/22/2019
|
2 Bed
|
2 Bath
|
820 ft²
|
$399,900
2 Bed
2 Bath
820 ft²
|
$388,000
-2.98%
04/02/2019
|
Ron Pineda
Keller Williams Realty
| |
|
08/20/2018
|
2 Bed
|
2 Bath
|
820 ft²
|
$299,000
2 Bed
2 Bath
820 ft²
|
$306,500
+2.51%
11/21/2018
|
Brian Gonzales
Keller Williams Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017