16203 Willowpark Drive
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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 |
|---|---|---|---|
| Sep 12, 2022 | Sold | ||
| Sold | |||
| Aug 19, 2022 | Listed by Keller Williams Premier RealtyKaty | $380,000 | |
| Listed by Keller Williams Premier RealtyKaty | |||
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This spacious 2-story home with a pool is ready for your personal touch. This home needs some cosmetic TLC but the bones are great. Entire 1st floor offers tile flooring, high ceilings, and tons of natural light. Large master with sitting area features views of the pool and double door entry into the expansive master bath and closet. Kitchen with a large island also has double ovens and a built-in microwave. Enormous corner lot allows for plenty of extra green space around the pool/hot tub. Upstairs you will find a huge game room with convenient built-ins. 3 large bedrooms and 2 full baths. The extra room upstairs would make a great media or workout room (it has its own AC unit) 1 recent AC unit, another just 3-4 years old, 2 recent furnaces and roof just 5 years old. No Flooding!! Great opportunity to make this house your own. Come check it out today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017