45234 Willowick Street
About This Property
the home you will be greeted by the formal entryway, with a stunning custom design marble tile emblem and one of a kind custom
made chandelier above you. The main floor living area features marble floors throughout and boosts a beautiful open floor plan. In
the main floor you will find your formal dining room, living room and family room. Plenty of space to host those big family events and
formal occasions. For those chef's at heart you have a recently renovated grand kitchen with a huge kitchen island with granite
counters and stainless steel appliances. Upstairs, you have 3 spacious bedrooms, all with ceiling fans and a good size closet. You
also have your Master suite with a huge master bathroom featuring a separate master tub and shower. As you continue your tour
of the second floor you will find a great loft area perfect for office or movie room area. The loft also connects to the laundry room
with it's own sink and plenty of space for your washer and dryer. As you go to back of the property, the home has plenty of space
to host your BBQ parties, with your own custom BBQ island and plenty of shade from your own covered patio. Customer spent over
$50k landscaping the backyard and just recently put brand new landscaping. Located in top award winning school districts, close to shops and restaurants.
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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 |
|---|---|---|---|
| Sep 10, 2018 | Sold | ||
| Sold | |||
| Apr 26, 2018 | Listed by Realty ONE Group Southwest | $600,000 | |
| Listed by Realty ONE Group Southwest | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017