5191 Willow Way
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 |
|---|---|---|---|
| Mar 2, 2026 | Sold | ||
| Sold | |||
| Feb 2, 2026 | In contract | - | |
| In contract | |||
| Jan 20, 2026 | Listed | $800,000 | |
| Listed | |||
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Nestled in the heart of the Pizza Park neighborhood of Central Park, this contemporary David Weekley home blends thoughtful design with elevated comfort, set directly on one of the area's most loved green spaces. A charming covered front porch welcomes you inside, where elegant French doors open to a private study, ideal for work-from-home days or a quiet retreat. An updated first-floor powder room adds both style and convenience. The main level unfolds into a light-filled, open-concept living space with wide-plank flooring and effortless flow. The extended kitchen is the heart of the home, featuring a generous island, abundant white cabinetry, quartz countertops, designer lighting, decorative backsplash, and a spacious pantry. The dining area is elevated by a custom accent wall, creating a warm and memorable setting for gatherings. Step outside to a beautifully designed backyard oasis with a large paved patio, pergola, low-maintenance turf, outside TV, fan and twinkling string lights-perfect for entertaining or unwinding outdoors. Upstairs offers three bedrooms, including the serene primary suite with its own AC unit, and a convenient second floor laundry room. The upgraded primary bathroom features heated floors, dual sinks with quartz counters, and a European glass-enclosed shower with double shower heads, creating a spa-like retreat. A spacious walk-in closet completes the suite. The custom-finished basement adds exceptional versatility with a generous second living area, a unique reading nook, and an additional bedroom and bathroom-ideal for guests, media space, or flexible living. Additional highlights include a brand-new roof, attached two-car garage, and an unbeatable location close to parks, trails, top-rated schools, shopping, dining, and the Anschutz Medical Campus. This home offers a rare blend of modern finishes, functional spaces, and seamless indoor-outdoor living, all thoughtfully designed for everyday comfort and effortless entertaining.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017