1506 Windys Way
About This Property
Welcome to 1506 Windys Way, a cozy 3-bedroom, 2.5-bathroom home with endless potential. Spanning 1,611 sqft over two stories and sitting on a generous 10,951 sqft lot, this property is perfect for anyone looking to create their dream home. Tucked away in a peaceful cul-de-sac, this home features tile and laminate flooring throughout-no carpet! A 2-car garage adds convenience, and the spacious backyard offers room to relax, garden, or entertain. While it does need some TLC, this property is brimming with possibilities, whether you're a first-time buyer or an investor. Location is everything! Enjoy quick access to I-10, Highway 99, and the vibrant Katy Asian Town with its endless dining and shopping options. Bring your vision and make this house your home! Call today to schedule a tour and see the potential for yourself.
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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 |
|---|---|---|---|
| Feb 26, 2025 | Sold | ||
| Sold | |||
| Jan 23, 2025 | In contract | - | |
| In contract | |||
| Dec 24, 2024 | Price Decreased |
$235,000
↓ $10K
(4.1%) | |
| Price Decreased | |||
| Dec 10, 2024 | Price Increased |
$245,000
↑ $10K
(4.3%) | |
| Price Increased | |||
| Dec 7, 2024 | Listed by eXp Realty, LLC | $235,000 | |
| Listed by eXp Realty, LLC | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017