11663 Willis Waukegan Road
About This Property
Enjoy a carefree lifestyle with the benefits of a new roof & Everlast siding, installed in 2023, as well as energy-efficient windows & doors updated in 2019.The bathroom features a walk-in shower. The updated kitchen comes equipped with stainless steel appliances.The expansive 14x50 covered patio, added in 2013, is an ideal setting for hosting intimate gatherings with loved ones or simply enjoying the picturesque views of your property. Tile flooring throughout the home ensures easy maintenance, while carpeting in two secondary bedrooms offers additional comfort. Save on utility costs with the private well and septic system. The fully-fenced yard provides a safe and secure space for pets or a horse to roam freely. Don't miss this opportunity to own an updated & well-maintained cozy home on a sprawling lot, blending style, functionality, & outdoor living for a truly idyllic retreat!
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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 |
|---|---|---|---|
| Jul 29, 2024 | Sold | ||
| Sold | |||
| Jun 26, 2024 | In contract | - | |
| In contract | |||
| May 31, 2024 | Listed by Walzel Properties - Conroe | $299,900 | |
| Listed by Walzel Properties - Conroe | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017