1980 Willow Bend Circle #104
About This Property
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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 |
|---|---|---|---|
| Nov 20, 2024 | Sold | ||
| Sold | |||
| Oct 25, 2024 | In contract | - | |
| In contract | |||
| Oct 6, 2024 | Price Decreased |
$429,000
↓ $20K
(4.5%) | |
| Price Decreased | |||
| Jul 15, 2024 | Price Decreased |
$449,000
↓ $11K
(2.4%) | |
| Price Decreased | |||
| May 10, 2024 | Listed by Compass Florida LLC | $460,000 | |
| Listed by Compass Florida LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/16/2025
|
2 Bed
|
2 Bath
|
1433 ft²
|
$425,000
2 Bed
2 Bath
1433 ft²
|
$365,000
-14.12%
12/31/2025
|
Gary Karnes PA
Vista Vue Realty
| |
|
05/10/2024
|
2 Bed
|
2 Bath
|
1592 ft²
|
$460,000
2 Bed
2 Bath
1592 ft²
|
$400,000
-13.04%
11/20/2024
|
Brian Knox
Compass Florida LLC
| |
|
04/13/2022
|
2 Bed
|
2 Bath
|
1592 ft²
|
$475,000
2 Bed
2 Bath
1592 ft²
|
-
-
|
Steve Schoepfer
Downing Frye Realty Inc.
| |
|
01/28/2021
|
2 Bed
|
2 Bath
|
1592 ft²
|
$275,000
2 Bed
2 Bath
1592 ft²
|
-
-
|
-
| |
|
10/08/2020
|
2 Bed
|
2 Bath
|
1592 ft²
|
$275,000
2 Bed
2 Bath
1592 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017