511 WILLIS DRIVE
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 |
|---|---|---|---|
| Jun 2, 2023 | Sold | ||
| Sold | |||
| Apr 24, 2023 | In contract | - | |
| In contract | |||
| Apr 20, 2023 | Listed by EXP Realty, LLC | $275,000 | |
| Listed by EXP Realty, LLC | |||
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You can relax and enjoy coming home through the tree topped picturesque roads of Berkeley County. Pull into your expansive driveway that can more than accommodate 5+ vehicles and feast your eyes on the stunning tree lined landscape. Charming and spacious, this beautiful home offers the perfect combination of comfort and style. Situated in a peaceful and picturesque neighborhood, this property boasts over half an acre of land. As you step inside, you are greeted by a warm and welcoming atmosphere, with an open concept living room and kitchen that are perfect for entertaining guests or relaxing with family. The large eat-in kitchen features ample counter space, making it a joy to prepare meals and entertain. Upstairs, you'll find a spacious master bedroom that includes an en-suite bathroom and two closets. The two additional bedrooms are also generously sized, providing plenty of space for family members or guests. The upstairs level is completed by well maintained bright hardwood floors. Take a step down to the finished basement and enjoy a cozy and comfortable living space, with ample room for a comfortable seating area or entertainment center. Whether you're looking for a quiet place to work or a comfortable spot to relax, this basement has everything you need. This beautiful basement comes equipped with its own laundry room, making it the perfect space for busy individuals looking for a hassle-free way to do laundry. With plenty of space to move around and store your laundry supplies. The oversized two-car garage provides ample space for all your belongings, with enough room to comfortably fit multiple vehicles. You'll have the freedom to park your cars inside without worrying about scraping the sides or struggling to open the doors. But the benefits don't stop there. This spacious garage also provides plenty of extra room for storage, making it the perfect spot for all your outdoor gear, bikes, lawnmowers, and more. You can finally organize all your belongings without worrying about clutter or lack of space. The backyard is a nature lover's dream, with a deck and patio that's perfect for outdoor entertaining or simply enjoying the tranquil surroundings. There is more than enough space to plant a garden or set up that yard game you’ve been waiting for. Not only is there plenty of yard but there is also a shed where you can store all your outdoor essentials. Some major upgrades include - Architectural Roof with 30 year warranty - 2019, on not only the house but the shed as well, HVAC - 2019, Hot Water Heater - 2018. Located in a desirable neighborhood, this home is just a short drive away from shopping, dining, entertainment options and major routes to include I-81, Rt.11 and Rt.9. Welcome home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017