1064 WILLIS Drive
About This Property
This super + sweet cute brick bungalow in the heart of Murray Hill is move-in ready! This home has been meticulously maintained & features refinished hardwood floors, a flex space ideal for an office or playroom, & a conventionally located + updated kitchen. Note the lovely curb appeal as you pull up and walk right into an open layout with updated fixtures, neutral paint, & lots of charm. The kitchen boasts stainless steel appliances, beautiful countertops, & newer cabinetry. The dining room overlooks the kitchen and is perfect for gatherings. HVAC from 2017. The fenced backyard showcases a paver patio ideal for entertaining, shed, and tons of privacy with no neighbors in the rear. There is also a gate in the back from Day Ave so you can park your RV or boat boat
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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 Northwest Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017