37
Map
4801 Willowbend Boulevard
About This Property
Interior features include a remodeled primary shower (2024), reverse osmosis water filtration (2025), and new washer, dryer, and wine fridge (Fall 2025). Structural and exterior upgrades include a new attic beam/joist (2024), new rain gutters (2024), and $12K east-side fencing (2025). Backyard improvements include refreshed landscaping and patio re-sodding.
Additional updates: garage electrical rewiring (2025), resealed skylight (2025), relocated gas line (2025), tree removal (2025), and a clean 2025 mold inspection.
Conveniently located near the 610 Loop and minutes from shopping and dining. See attachment for upgrade list.
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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 19, 2026 | Relisted | $599,000 | |
| Relisted | |||
| Sep 5, 2026 | In contract | - | |
| In contract | |||
| Sep 2, 2026 | Relisted | $599,000 | |
| Relisted | |||
| Sep 1, 2026 | No longer available | - | |
| No longer available | |||
| Jul 10, 2026 | Price Decreased |
$599,000
↓ $26K
(4.2%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017