1058 WILLIS Drive
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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 |
|---|---|---|---|
| Jan 18, 2023 | Listed by O'MALLEY REAL ESTATE INC | $299,900 | |
| Listed by O'MALLEY REAL ESTATE INC | |||
| Aug 31, 2022 | Listed by O'MALLEY REAL ESTATE INC | $299,900 | |
| Listed by O'MALLEY REAL ESTATE INC | |||
| | |||
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Temporarily off the market while we make improvements! Remodeled Murray Hill home with gleaming wood floors; open kitchen with granite countertops; and inside laundry room. Pretty landscaping and large paver-patio. Updated windows. Split-floor plan with primary suite separate from the 3 guest bedrooms. Could be a legit in-law suite, or roommate opportunity with separate entrance (get that $!). Convenient walk to the main strip of Edgewood Ave. Crawl space has been professionally encapsulated by Alpha Foundations for added barrier protection! There is a termite bond that is transferable with the home. Cameron Park is outside your backdoor! Additional RV/Boat parking w/ backyard entry. See flyer under documents for special 100% financing on this home with no PMI or income limits!
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| Jun 29, 2016 | Sold | ||
| Sold | |||
| Mar 22, 2016 | Listed by O'MALLEY REAL ESTATE INC | $125,000 | |
| Listed by O'MALLEY REAL ESTATE INC | |||
Property Highlights
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About Northwest Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017