2308 Willow Lakes 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 |
|---|---|---|---|
| Mar 4, 2025 | In contract | - | |
| In contract | |||
| Feb 27, 2025 | Listed | $364,900 | |
| Listed | |||
| | |||
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This spacious 1,664 sq ft home features generously sized bedrooms with carpeting on the 2nd level. The primary suite includes a large walk-in closet for ample storage. The kitchen is equipped with sleek stainless steel appliances and leads to a private deck, perfect for outdoor entertaining. A separate dining room offers additional space for family gatherings. The full, unfinished basement provides excellent potential for customization. Recent updates include a new roof, siding, and gutter guards. The furnace, AC, and water heater are just 3 years old, and the windows and skylights were replaced 2 years ago. The fenced-in backyard is only 3 years old. Move-in ready and conveniently located - this home has it all!
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| Nov 5, 2021 | Sold | ||
| Sold | |||
| Aug 25, 2021 | Listed by Affordable Real Estate, Inc. | $274,900 | |
| Listed by Affordable Real Estate, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017