22807 Desert Willow Drive
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 |
|---|---|---|---|
| Dec 5, 2024 | Sold | ||
| Sold | |||
| Oct 24, 2024 | In contract | - | |
| In contract | |||
| Sep 27, 2024 | In contract | - | |
| In contract | |||
| Sep 25, 2024 | Listed by Keller Williams Realty Metropolitan | $575,000 | |
| Listed by Keller Williams Realty Metropolitan | |||
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Lovingly remodeled family home in the highly desirable Clear Creek Forest neighborhood, located in Magnolia ISD. This property showcases beautiful architectural details including arched entryways, crown molding and charming brick accent walls. In addition to three large bedrooms and baths, the home offers a large fourth bedroom with ensuite bath and family room, ideal for mother-in-law suite or for guests. The home was remodeled to include a spacious eat-in kitchen with stone countertops, an impressively large walk-in pantry, an expansive laundry room, and large covered outdoor patio with summer kitchen and flat screen television. Situated on 1/2 acre the home also includes a master suite with ensuite bath and oversized walk-in closet, separate formal dining room and beautiful entry foyer. The backyard is full of mature trees and 2 aluminum sheds for additional storage.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017