1994 Willow Ridge Dr
About This Property
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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 |
|---|---|---|---|
| Jun 7, 2016 | Sold | ||
| Sold | |||
| Apr 7, 2016 | Listed by Cal Res Consulting | $519,000 | |
| Listed by Cal Res Consulting | |||
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Stunning, updated and move in ready! This meticulously maintained home is situated in the wonderful gated community of Rancho Montecito. Upgrades to this exquisite home include beautiful tile & marble flooring, granite counter tops, stainless appliances, whole house filtration system, exterior paint and vinyl windows. Cathedral ceilings and skylights allow amazing natural light. Spacious loft upstairs used as office or playroom. Convenient location w/ backyard patio, front courtyard & short walk to pool! Neighborhoods: Shadowridge Equipment: Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL
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| Jul 7, 2015 | Sold | ||
| Sold | |||
| May 7, 2015 | Listed by RE/MAX Seagaze Realty | $529,000 | |
| Listed by RE/MAX Seagaze Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017