111 Willow Street
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 27, 2023 | Sold | ||
| Sold | |||
| Sep 29, 2023 | Listed by Select a Fee RE System | $199,900 | |
| Listed by Select a Fee RE System | |||
| Jul 13, 2023 | No longer available | - | |
| No longer available | |||
| Jul 7, 2023 | Listed by Select A Fee Real Estate System & Rentals | $180,000 | |
| Listed by Select A Fee Real Estate System & Rentals | |||
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Well built split level in a very nice Park Forest neighborhood. This property has been used as a rental, and the tenants took very good care of it. The seller is a senior, and she is ready to be done with the landlord business. She does not want to deal with any repairs, so the house is being sold strictly As-Is and priced accordingly. It could use some sprucing up. Three good sized bedrooms all have hardwood floors. The large living room and dining rooms also have hardwood and plenty of natural light from bigger windows. A 260 sq ft family room on the lower level completes the living space. There is also exterior access from the lower level utility room. The furnace is about seven years old and the water heater about four. The kitchen with enough room for a table works well and has a door to the driveway. Very convenient for unloading groceries or anything else. The two car garage is in excellent shape, and there is also a shed sitting behind it. The yard is large and fenced (wonderful for pets or children). Not far from Rt. 30 and easy access to I-57. Solid home in a nice area! Waiting for a new owner to make it their own! The manager has listed the unit size as 1088 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017