4008 Willow Ridge 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 |
|---|---|---|---|
| Jun 8, 2021 | Sold | ||
| Sold | |||
| Mar 24, 2021 | Listed by Compass RE Texas, LLC | $769,000 | |
| Listed by Compass RE Texas, LLC | |||
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Totally updated! Sits on a beautifully treed corner lot. Pier & beam construction! Ideal floorplan with split berms. Features beautiful wide planked hard wood floors, open kitchen-den, fabulous play area,sitting room off kitchen, breakfast area, oversized island, gas cooktop w pot filler, gas burning fireplace, beverage center. All baths tastefully updated. Spacious entry welcomes you to oversized dining area. Additional living space could serve as at home office or exercise room. Natural light abounds! Sliding glass doors lead to outdoor patio and play area. The large 4th bedroom is a wonderful mother-in-law suite or could serve as additional den area. Wonderful family home that is move in ready!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017