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1022 Weeping Willow Way
About This Property
Welcome to your dream retreat in the peaceful Westwood neighborhood of Magnolia! This charming SINGLE-STORY CUSTOM home, set on a roomy 1/2 ACRE CORNER professionally landscaped lot, offers a blend of comfort & tranquility. Picture yourself whipping up meals in the spacious kitchen with a ton of custom cabinets and large island. The cozy family room, with its inviting fireplace and built-in shelves, is ideal for relaxing evenings. The home's layout is both practical & inviting, featuring a separate study/home office at the front. Unwind in your large, spacious primary retreat. The beautifully landscaped yard is a perfect backdrop for spotting deer, tending to your fenced raised garden, or simply unwinding in the lovely screened porch. With no carpet, fresh interior paint, and a whole-home generator, everything is ready for you to move in and enjoy.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 31, 2025 | Sold | ||
| Sold | |||
| Mar 11, 2025 | In contract | - | |
| In contract | |||
| Mar 5, 2025 | No longer available | - | |
| No longer available | |||
| Mar 5, 2025 | Listed by Compass RE Texas, LLC - The Woodlands | $499,000 | |
| Listed by Compass RE Texas, LLC - The Woodlands | |||
| Feb 15, 2025 | Price Decreased |
$499,000
↓ $16K
(3.1%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017