100 WILLIS STREET
About This Property
The home has been freshly painted throughout and features brand new carpet, creating a clean, move-in ready interior. Recent updates also include the kitchen, master bathroom, and heating and air conditioning systems, giving buyers peace of mind and modern convenience.
The finished basement with tall ceilings offers flexible space perfect for a recreation room, home office, gym, or additional living area.
Enjoy multiple spaces for relaxing and entertaining, including a patio, a 3-season room off the dining room, and a private balcony off the primary bedroom where you can even enjoy live music from nearby Westminster City Park.
The fully fenced yard provides privacy and room for pets or outdoor gatherings. Additional features include a one-car garage and a private driveway for convenient off-street parking.
One of the most unique aspects of this home is its incredible location. Situated within walking distance to Downtown Westminster's Main Street, you'll enjoy easy access to local pubs, restaurants, boutique shopping, and community events. Westminster City Park sits directly behind the home, hosting summer concerts, sporting events, and the annual city fair, allowing you to enjoy the energy of the community right from your own property.
This is a rare opportunity to own a move-in ready home with updated features and true walkability to everything Westminster has to offer.
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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.
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About Westminster
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017