22 Willis Avenue
About This Property
Features include three bedrooms and one bath, new roof, new electrical panel, new water/sewer service, radon system and b-dry system with transferable warranty, new garage door, sprinkler system, upgraded landscaping with paver walkway, side porch has been added for morning coffee or afternoon tea. Additional features are refinished hardwood floors, central air, second refrigerator, washer and dryer. The entire house has been freshly painted and is bright and airy. Full unfinished basement for storage or can be finished. All of this located in the Cornwall blue ribbon school district. Pristine condition, move in ready. Great commuter location. Additional Information: ParkingFeatures:1 Car Detached,
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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 29, 2023 | Sold | ||
| Sold | |||
| Jul 24, 2023 | In contract | - | |
| In contract | |||
| Jun 30, 2023 | Price Decreased |
$390,000
↓ $20K
(4.9%) | |
| Price Decreased | |||
| Jun 23, 2023 | Listed by RE/MAX Benchmark Realty Group | $410,000 | |
| Listed by RE/MAX Benchmark Realty Group | |||
| Feb 21, 2007 | Sold | ||
| Sold | |||
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About Cornwall-on-Hudson
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017