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3118 Willow Oak 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 |
|---|---|---|---|
| Oct 17, 2024 | Sold | ||
| Sold | |||
| Sep 13, 2024 | In contract | - | |
| In contract | |||
| Aug 22, 2024 | Listed by Atlantic Shores Realty Execs. | $284,999 | |
| Listed by Atlantic Shores Realty Execs. | |||
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Charming 3 bedroom 2 bath home with fully fenced yard. The open floor concept features a cozy wood burning fire place in the living room. Enjoy the covered screened in lanai overlooking the spacious back yard. The over sized laundry room adds convenience and extra storage. The garage conversion creates a perfect flex space with separate entrance. The newer roof (2020) and new A/C (2021) offer peach of mind. This well maintained property is ideal for anyone seeking a comfortable and versatile living space. Call me to schedule your showing! Don't forget to view the virtual matterport!
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| Jul 25, 2024 | Listed by Atlantic Shores ERA Powered | $284,999 | |
| Listed by Atlantic Shores ERA Powered | |||
| Feb 18, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017