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4 Willow Road
About This Property
Inside, this well-maintained 2-bedroom, 2-bath home offers a warm and open living area, complemented by a refreshed hardwood floor design throughout. The spacious, up-to-date eat-in kitchen features stainless steel appliances, including a brand-new refrigerator, making it both functional and stylish. A versatile dining room/den area provides additional flexibility for everyday living or entertaining.
The full basement, boasting 9-foot ceilings, presents a fantastic opportunity to expand your living space with proper permits. Additional upgrades include a new washer and dryer, an updated 200-amp electric panel, 6-zone in-ground sprinklers, and a new side deck ideal for outdoor enjoyment.
For added convenience, the home is connected to Verizon fiber optics and equipped for an in-home security system with cameras. With thoughtful improvements inside and out, this Rocky Point residence is a standout opportunity.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017