5062 Willows Edge Drive
About This Property
This beautifully designed home showcases a long list of elegant finishes, from the quartz countertops and sleek cabinetry with soft close drawers in the kitchen to accent ceilings and beautifully tiled showers. . Expect a bright and inviting living space, ready for everyday living and significant entertainment.
Outdoor enthusiasts will love being just one mile from scenic Buckhorn Reservoir, with the convenience of bringing your boat home! Commuting is easy with quick access to Raleigh, Seymour Johnson AFB, Clayton, and Wilson.
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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 |
|---|---|---|---|
| Sep 19, 2025 | Sold | ||
| Sold | |||
| Aug 18, 2025 | In contract | - | |
| In contract | |||
| Jun 24, 2025 | Price Decreased |
$469,900
↓ $8K
(1.7%) | |
| Price Decreased | |||
| Apr 9, 2025 | Price Decreased |
$477,900
↓ $2K
(0.4%) | |
| Price Decreased | |||
| Mar 12, 2025 | Price Decreased |
$479,900
↓ $4K
(0.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017