1061 Windmill Drive
About This Property
Enjoy the durability and style of new flooring throughout, eliminating the need for carpet, which is particularly beneficial for those with allergies or cleaning concerns. And bathroom skylights introduce natural light, reducing the need for artificial lighting. Storage is plentiful with closets and built-ins, ensuring a tidy and organized living space.
Beyond the interior, the property boasts low-maintenance yard features, including a lawn pump and sprinkler system, freeing up your weekends for enjoyment rather than upkeep. Privacy is respected with a fenced-in yard, making it an ideal setting for gatherings with friends or quiet afternoons at home.
Explore the Perfect Location
Proximity to daily conveniences amplifies the allure of this property: nearby schools, a variety of dining options, healthcare facilities, and shopping centers enhance your quality of life without the noise often associated with urban living. Plus, easy access to local churches and community social spots enrich your day-to-day experiences. Whether you're transitioning toward retirement or embarking on new life chapters, the ease of living here caters to diverse needs with equal measure.
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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 |
|---|---|---|---|
| Oct 17, 2025 | Sold | ||
| Sold | |||
| Sep 18, 2025 | In contract | - | |
| In contract | |||
| Aug 30, 2025 | Relisted | $365,000 | |
| Relisted | |||
| Aug 28, 2025 | In contract | - | |
| In contract | |||
| Aug 3, 2025 | Listed by ERA American Real Estate | $365,000 | |
| Listed by ERA American Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017