1
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42 Will Dr #51
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 27, 2007 | Sold | ||
| Sold | |||
| Jun 23, 2006 | Listed by Centre Realty Group | $197,900 | |
| Listed by Centre Realty Group | |||
| | |||
|
Best building in Canton Village with oversized deck overlooking grassy courtyard. Sunny 2 bedroom midlevel unit will feature all new paint. Large living room, newer appliances, new tile in bath, and new windows coming. Desirable gas unit. Laundry right below unit. Quick closing possible.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/25/2026
|
1 Bed
|
1 Bath
|
656 ft²
|
$245,000
1 Bed
1 Bath
656 ft²
|
$245,000
04/08/2026
|
Donna DeRosa
eXp Realty
| |
|
04/10/2019
|
1 Bed
|
1 Bath
|
656 ft²
|
$185,900
1 Bed
1 Bath
656 ft²
|
$177,900
-4.30%
07/19/2019
|
Carolyn Christino
Keller Williams Realty
| |
|
09/06/2018
|
2 Bed
|
1 Bath
|
887 ft²
|
$269,900
2 Bed
1 Bath
887 ft²
|
$265,500
-1.63%
10/26/2018
|
Scott Collins
Mohawk Real Estate
| |
|
04/06/2016
|
2 Bed
|
1 Bath
|
887 ft²
|
$189,900
2 Bed
1 Bath
887 ft²
|
$177,000
-6.79%
06/23/2016
|
Thaddeus Johnson
Realty Advantage
| |
|
11/22/2013
|
2 Bed
|
1 Bath
|
887 ft²
|
$148,900
2 Bed
1 Bath
887 ft²
|
$142,000
-4.63%
01/17/2014
|
Joan Anne Sidman
Coldwell Banker Realty - Canton
| |
|
01/18/2009
|
2 Bed
|
1 Bath
|
887 ft²
|
$128,155
2 Bed
1 Bath
887 ft²
|
$130,000
+1.44%
03/25/2009
|
Sherry Palmer
Four Points Realty
| |
|
06/23/2006
|
2 Bed
|
1 Bath
|
887 ft²
|
$197,900
2 Bed
1 Bath
887 ft²
|
$188,250
-4.88%
02/27/2007
|
Ekaterina Mendoza
Centre Realty Group
| |
|
04/06/2003
|
1 Bed
|
1 Bath
|
656 ft²
|
$158,900
1 Bed
1 Bath
656 ft²
|
$156,000
-1.83%
06/16/2003
|
Barbara Miller
Compass
| |
|
10/02/2001
|
1 Bed
|
1 Bath
|
656 ft²
|
$121,900
1 Bed
1 Bath
656 ft²
|
$121,900
12/19/2001
|
Nadine Israel
The Fred & Nadine Team
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017