20 Willis Drive #2LOTS
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 |
|---|---|---|---|
| Mar 11, 2024 | Sold | ||
| Sold | |||
| Feb 6, 2024 | In contract | - | |
| In contract | |||
| Feb 1, 2024 | Listed by ERA Key Realty Services - Alliance Realty, Inc. | $525,000 | |
| Listed by ERA Key Realty Services - Alliance Realty, Inc. | |||
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South Charlton Reservoir Waterfront! Beautiful morning sunshine floods this open, multi-level home. Very hard to find level lot on dead-end street. 153' of Waterfront plus 2nd lot across the street for garage/extra parking/boat storage. So. Charlton Res. is a full recreation lake & is said to be the "3rd cleanest lake in MA" Flexible floorplan allows many uses. Move right in &Start ice fishing! Minor cosmetics will improve your home equity. We have an optional, active lake association protecting the lake quality & monitoring boating safety. Our Ski Club is legendary! Property priced to sell in as-is condition. Title 5 is buyer's responsibility. A riser was verbally recommended in the past. Partial concrete basement has laundry, utilities and storage. Cash buyer preferred. This is a fantastic lake community where my family & I own multiple properties. Quiet location minutes to Treehouse Brewery, schools, Market Basket/Hm depot &major routes. 1 hr to Boston/Htfd/airport
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017