409 Willis Avenue
About This Property
2 Additional Bedrooms and Full Hall Bath. Hardwood Floors under carpet on Main Floor, Lower Level Family Room has Fireplace and New W/W carpet. A few personal touches will make this your own! Furnace new in 2007, updated replacement windows. Very conveniently located near train, bus, parks, highways and premier shopping. Taxes do not reflect basic star exemption of $1486. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Attached,
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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 |
|---|---|---|---|
| Feb 8, 2016 | Sold | ||
| Sold | |||
| Nov 2, 2015 | Listed by BHG Rand Realty | $528,000 | |
| Listed by BHG Rand Realty | |||
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About Briarcliff Manor
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017