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3448 Willis Drive
About This Property
Wonderful family home in great neighborhood of Fox Manor. Large master with remodeled bathroom (jacuzzi in tub not working) and large walk-in closet. Spacious guest/kids bedrooms with new plank flooring. Enclosed family room/den/possible 4th bedroom. NEW ROOF 2022, new dishwasher and A/C is 4 years old. Wonderful shaded back yard, new sod, landscaping and irrigation with large utility shed with power and a screened in back porch. House is vacant and ready for new family.
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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 15, 2023 | Sold | ||
| Sold | |||
| Sep 16, 2023 | Listed by RE/MAX Aerospace Realty | $274,900 | |
| Listed by RE/MAX Aerospace Realty | |||
| Mar 21, 2022 | Sold | ||
| Sold | |||
| Jan 31, 2022 | Listed by RE/MAX Aerospace Realty | $299,900 | |
| Listed by RE/MAX Aerospace Realty | |||
| Jan 22, 2018 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017