500 Willow Lane
About This Property
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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 |
|---|---|---|---|
| Jan 29, 2021 | Sold | ||
| Sold | |||
| Dec 18, 2020 | Listed by Texas Connect Realty, LLC | $242,500 | |
| Listed by Texas Connect Realty, LLC | |||
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Beautiful 4 bed 2 bath move in ready home on a corner lot. Featuring stainless steel appliances, Vaulted ceilings, large Living room with fire place. Split bedroom floorplan. Walk into the spacious master suite with a roomy walk in closet. The master bath offers a separate shower and garden jetted tub as well as separate vanities. This home is located in the Forney Independent School District which is “A” rated for Superior Achievement in the Texas Education Agency.
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| Mar 19, 2020 | Sold | ||
| Sold | |||
| Feb 25, 2020 | Listed by Opendoor Brokerage, LLC | $215,000 | |
| Listed by Opendoor Brokerage, LLC | |||
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Built in 1999, this Forney corner lot home offers gas heating, a master walk-in closet, a separate tub and shower in the master bathroom, a fireplace, a patio, and a two-car garage.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017