1274 Willow Road
About This Property
Charming three bedroom home in quiet neighborhood in Palm Springs features an additional one bedroom with efficiency and separate entrance. Although some things are original to this home, it is meticulously maintained. Large circular driveway provides ample parking. Plenty of greenspace in the spacious backyard as well.Hardwood flooring in main areas with decorative fireplace.Perfectly loacated with close proximity to Airport,shopping and dining!
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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 |
|---|---|---|---|
| Feb 1, 2022 | Sold | ||
| Sold | |||
| Dec 21, 2021 | Listed by EXP Realty LLC | $399,000 | |
| Listed by EXP Realty LLC | |||
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About Laguna Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017