1315 American Way
About This Property
Homes in Knollwood Estates are each situated on approximately one acre-affording privacy and distance from neighbors. Community shares a park and trails in common. Spend your HOA savings on green fees or spa membership elsewhere-you will be ahead of the game. The drive to Trilogy Golf Course is 2.3 miles, Black Lake Golf Course is 1.3 miles and Cypress Ridge is 7.8 miles. Knollwood at Black Lake is off Willow Road and Dawn Road-Call your Realtor today for private showing.
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Cap Rate Calculator
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 17, 2019 | Sold | ||
| Sold | |||
| Aug 15, 2018 | Listed by Mitchell Real Estate | $1,069,000 | |
| Listed by Mitchell Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017