41 Willowcreek Ranch Road
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%.
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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 |
|---|---|---|---|
| Aug 2, 2021 | Sold | ||
| Sold | |||
| Jul 9, 2021 | Listed by Compass RE Texas, LLC | $2,675,000 | |
| Listed by Compass RE Texas, LLC | |||
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Situated within the gated community of Willowcreek Ranch is one of the community's most distinctive homes, 41 Willowcreek Ranch Rd facing south on 5.9018 acres. This Italian inspired Country Residence has a Tuscan elegance with its stucco facade, clay tile roof, and courtyard front entry. Antique architectural touches are throughout the interior of this custom well thought-out sprawling one story floor-plan. Living & dining have a two-story barrel/brick ceiling, gourmet Island kitchen w/working pantry, 4 large bedrooms w/ensuite luxurious baths, game room w/wall of built-ins, a study, plus three computer work stations, wine room, flex room off the primary bedroom, lots of windows & natural light, outside summer kitchen with fireplace and a future barn slab in place. Neighborhood amenities include miles of walking & riding trails, an Equestrian Center, Lakehouse Lodge and a gorgeous centerpiece-lake. Life in Willowcreek Ranch is truly a unique experience.
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About Harris
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017