627 WALNUT Street
About This Property
Nestled in one of Putnam County's most sought-after river communities, you'll enjoy the relaxed, small-town atmosphere that makes Welaka so special. Spend your days boating, fishing, and exploring the nearby St. Johns River, with public boat ramps just minutes away. Cruise to local restaurants, waterfront pubs, and community events in this golf-cart-friendly town where neighbors still know one another by name.
Surrounded by natural beauty yet conveniently located near everyday amenities, this property offers the perfect balance of peaceful living and outdoor adventure!
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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 |
|---|---|---|---|
| Jun 25, 2026 | Listed by MAXREV, LLC | $67,900 | |
| Listed by MAXREV, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017