507 Willow Springs Place
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 |
|---|---|---|---|
| Aug 1, 2025 | Sold | ||
| Sold | |||
| Jul 3, 2025 | In contract | - | |
| In contract | |||
| Apr 27, 2025 | Listed by Woodlands Eco Realty | $400,000 | |
| Listed by Woodlands Eco Realty | |||
| Apr 17, 2025 | Listed | $425,000 | |
| Listed | |||
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Welcome to this stunning 2-story home featuring a grand entrance with high ceilings. Boasting 4 bedrooms, a spacious office, game room upstairs for family fun, and formal dining to entertain guests. This property offers plenty of space for fun and work. The primary bedroom and bathroom suite are conveniently located on the first floor, complete with his and her closets, a separate shower, tub, and a cozy window seat. The kitchen opens up to the living room with large windows overlooking the beautiful backyard oasis and gorgeous fireplace. Extensive multi level deck outside complete with a relaxing waterfall. Enjoy the low maintenance backyard is perfect for entertaining and enjoying outdoors. Grilling to sunning, dining to relaxing you got it all. Plenty of storage space and walk in closet in every room plus all the amenities this home has to offer are amazing. The neighborhood has a gorgeous lake with ducks to enjoy a nature walk. Neighborhood pool.
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| Apr 4, 2025 | Listed | $450,000 | |
| Listed | |||
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|
Welcome to this stunning 2-story home featuring a grand entrance with high ceilings. Boasting 4 bedrooms, a spacious office, game room upstairs for family fun, and formal dining to entertain guests. This property offers plenty of space for fun and work. The primary bedroom and bathroom suite are conveniently located on the first floor, complete with his and her closets, a separate shower, tub, and a cozy window seat. The kitchen opens up to the living room with large windows overlooking the beautiful backyard oasis and gorgeous fireplace. Extensive multi level deck outside complete with a relaxing waterfall. Enjoy the low maintenance backyard is perfect for entertaining and enjoying outdoors. Grilling to sunning, dining to relaxing you got it all. Plenty of storage space and walk in closet in every room plus all the amenities this home has to offer are amazing. The neighborhood has a gorgeous lake with ducks to enjoy a nature walk. Neighborhood pool.
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Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017