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832 Walnut Creek DR
About This Property
Downstairs, you'll find expansive primary suite, three additional bedrooms, and a study/office. The upstairs offers a large second primary bedroom/living area with its own bathroom and attached balcony. A separate workshop building with electric and a workbench provides extra space for projects, while the beautifully landscaped oversized backyard includes a patio area that flows into a tree-covered floodplain along Walnut Creek. Adjacent to a 6-acre wooded greenbelt with nature trails, this property offers the perfect blend of nature and convenience.
Located just four blocks from I-35 and minutes from downtown, Q2 Stadium, The Domain, and major employers, you're also close to restaurants, shopping, and amenities. Enjoy the best of both worlds-a private retreat in the heart of the city! **No Flood Insurance Required** Many more photos in virtual tour.
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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 |
|---|---|---|---|
| Nov 20, 2024 | In contract | - | |
| In contract | |||
| Nov 7, 2024 | Price Decreased |
$899,000
↓ $46K
(4.9%) | |
| Price Decreased | |||
| Oct 27, 2024 | Price Decreased |
$945,000
↓ $150K
(13.7%) | |
| Price Decreased | |||
| Oct 13, 2024 | Listed by Presidio Group, REALTORS | $1,095,000 | |
| Listed by Presidio Group, REALTORS | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017