88 Walnut #1
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 |
|---|---|---|---|
| Jun 14, 2024 | Sold | ||
| Sold | |||
| Apr 23, 2024 | In contract | - | |
| In contract | |||
| Apr 19, 2024 | Listed by Hammond Residential Real Estate | $899,900 | |
| Listed by Hammond Residential Real Estate | |||
| Apr 14, 2000 | Sold | ||
| Sold | |||
| Jan 6, 2000 | Listed | $249,900 | |
| Listed | |||
| | |||
|
NEWLY CONVERTED BRICK 3 FAMILY 5 ROOM CONDO. LINCOLN SCHOOL LIVING ROOM, DINING ROOM, EAT-IN KITCHEN, 2 BEDROOMS PORCH, 1 ASSIGNED PARKING SPACE
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/06/2024
|
2 Bed
|
1 Bath
|
975 ft²
|
$850,000
2 Bed
1 Bath
975 ft²
|
$850,000
08/04/2024
|
Amy Goldberg
Compass
| |
|
04/19/2024
|
2 Bed
|
2 Bath
|
1365 ft²
|
$899,900
2 Bed
2 Bath
1365 ft²
|
$1,050,000
+16.68%
06/14/2024
|
Eileen Strong O Boy
Hammond Residential Real Estate
| |
|
03/30/2022
|
2 Bed
|
1 Bath
|
1025 ft²
|
$749,000
2 Bed
1 Bath
1025 ft²
|
$749,000
07/05/2022
|
Vicky Seriy
Coldwell Banker Realty - Needham
| |
|
01/26/2021
|
2 Bed
|
1 Bath
|
975 ft²
|
$729,000
2 Bed
1 Bath
975 ft²
|
$715,000
-1.92%
02/26/2021
|
Laura Molta Grant-Hunter
Compass
| |
|
07/08/2019
|
2 Bed
|
1 Bath
|
1025 ft²
|
$649,900
2 Bed
1 Bath
1025 ft²
|
$667,000
+2.63%
08/27/2019
|
David Divecchia
Berkshire Hathaway HomeServices Commonwealth Real Estate
| |
|
09/06/2002
|
2 Bed
|
1 Bath
|
975 ft²
|
$419,900
2 Bed
1 Bath
975 ft²
|
$412,500
-1.76%
11/15/2002
|
Eileen Strong O Boy
Hammond Residential R. E.
| |
|
01/06/2000
|
2 Bed
|
1 Bath
|
985 ft²
|
$249,900
2 Bed
1 Bath
985 ft²
|
$270,000
+8.04%
04/14/2000
|
Eileen Strong O Boy
Hammond Residential Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017