46766 WILLOWOOD PL
About This Property
This home has great bones and is waiting for a new owner who wants to add their desired design to the kitchen and master bathroom. The roof is only 5 years old, water heater 2 years old and HVAC. 2016. The hall bathroom was remodeled in 2017. The Washer and Dryer are new as of 2023. There are 4 bedrooms upstairs and 2 full bathrooms. In the basement are 3 potential rooms and 1 full bathroom. No shortage of storage. New carpet in the living and dining room. This home is in a desirable community with lots to offer. Home is offered as-is. We hope you will be the new owner.
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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.
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About Potomac Lakes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017