201 S Willis Street
About This Property
Outside, the fenced backyard offers plenty of room to enjoy, while a 24x20 shop with electric provides excellent space for projects, equipment, or additional storage. A separate 12x20 storage shed adds even more versatility. The property also features an attached garage and storm shelter.
Several significant improvements have already been completed, including a roof and windows that are approximately 8 years old, along with foundation work completed around 3 years ago. The oven, stove and sink are approx. 5 years old. The home could benefit from some cleanup and cosmetic touches, giving the next owner an opportunity to make it their own while starting with a solid property and plenty of desirable features.
Conveniently located in town near Kingston schools, shopping, dining, and everyday amenities, with Lake Texoma just a short drive away. Whether you're looking for a primary residence, investment opportunity, or a home with plenty of shop and storage space, this Kingston property offers a lot to work with.
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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 |
|---|---|---|---|
| Aug 7, 2026 | Listed by eXp Realty, LLC | $195,000 | |
| Listed by eXp Realty, LLC | |||
| Jan 21, 2023 | No longer available | - | |
| No longer available | |||
| Jan 20, 2023 | Sold | ||
| Sold | |||
| Oct 11, 2022 | In contract | - | |
| In contract | |||
| Oct 6, 2022 | Listed by eXp Realty, LLC | $150,000 | |
| Listed by eXp Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017