16 Willow Crest Drive
About This Property
The main level dazzles with an updated kitchen featuring quartz counters, stainless steel appliances, an oversized center island, and access to a spacious deck. Enjoy the open flow of living and dining rooms, a master bedroom with an ensuite bath, two additional bedrooms, and a hall bath. The versatile lower level boasts two family rooms with a wood-burning stove, a full bath, a laundry room, and an in-law/guest suite with a bedroom, sitting area, and full bath, and walkout leading to beautiful gardens and a spacious backyard.
The detached 2-car garage includes a loft area, perfect for a home gym, office, or playhouse. This home offers immense potential and too many extras to list. It won't last long-don't miss out on this must-see property! Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Detached,
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017