225 Willis Road
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 |
|---|---|---|---|
| Oct 24, 2018 | Sold | ||
| Sold | |||
| Apr 11, 2018 | Listed by Coldwell Banker Residential Brokerage - Concord | $829,000 | |
| Listed by Coldwell Banker Residential Brokerage - Concord | |||
| Sep 2, 2017 | Listed | $869,000 | |
| Listed | |||
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Welcome home to this tudor style home in a desirable neighborhood! Custom built stonewalls and garden areas create a wonderful oasis. Impressive stone entryway. Welcoming and inviting foyer. Hardwood floors throughout first floor, open staircase, and plenty of room to greet your guests. Formal living and dining room are perfect for entertaining. Large kitchen has plenty of storage, counter space, and sliders onto deck overlooking large backyard. Eating area opens up to the large sunken family room with fireplace. French doors lead to sunroom with cathedral ceiling and oversized sliders opening to backyard. Mud room has bath, laundry, and direct access to garage and backyard. Second floor boasts a large master suite with dressing room, full bath and walk up attic. There are 3 more spacious bedrooms, one with a secret Harry Potter room. Two-car garage and full basement - lots of storage space. Recent upgrades: roof, exterior trim, furnaces, and water heater. Great opportunity! The manager has listed the unit size as 2800 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017