4318 Willow Hill Drive Drive
About This Property
CLF HAS A WOMEN'S CLUB, IT'S HOME TO THE FINS SWIM TEAM, RESIDENTS WORK HARD AT KEEPING THE NEIGHBORHOOD TRADITIONS SUCH AS A POOL KICK-OFF, A 4TH OF JULY PARADE, AN EASTER EGG HUNT, A YARD OF THE MONTH, AND OTHER HOLIDAY EVENTS. ZONED TO EXEMPLARY CCISD SCHOOLS. CONVENIENTLY LOCATED NEAR TAYLOR LAKE, CLEAR LAKE, JOHNSON SPACE CENTER, KEMAH BOARDWALK, SHOPPING, AND DINING. THE ROOF ON THE HOUSE WAS REPLACED IN 2022, (NOT THE GARAGE) HVAC SYSTEM IN 2020.
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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%.
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 |
|---|---|---|---|
| Mar 24, 2026 | Sold | ||
| Sold | |||
| Jan 12, 2026 | In contract | - | |
| In contract | |||
| Jan 1, 2026 | Price Decreased |
$220,000
↓ $29K
(11.7%) | |
| Price Decreased | |||
| Dec 20, 2025 | Price Decreased |
$249,000
↓ $10K
(3.9%) | |
| Price Decreased | |||
| Nov 25, 2025 | Price Decreased |
$259,000
↓ $10K
(3.7%) | |
| Price Decreased | |||
Property Highlights
Building Info
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About Clear Lake Forest
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017