11171 Leisure Drive
About This Property
The property also offers an attached garage, detached garage, carport, and two storage sheds, providing an abundance of parking and storage options. With some light cosmetic updates, this fixer-upper presents an excellent opportunity for an investor looking for a fix-and-flip or value-add project, as well as a first-time buyer looking to create a home tailored to their style.
A spacious property with great potential, multiple parking and storage options, and plenty of room to add value-don't miss this opportunity in Warsaw!
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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 |
|---|---|---|---|
| Oct 19, 2026 | In contract | - | |
| In contract | |||
| Jul 29, 2017 | Listed | $89,900 | |
| Listed | |||
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Ranch home on corner lot with 3 bedrooms, 2 baths, and 2 car attached garage. Very nice and open. Deck on front and covered deck on back. 24'x28' shop with heat, AC, and concrete floors. 2 sheds, carport, and privacy fence. The manager has listed the unit size as 1498 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017