5500 Willis Avenue
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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%.
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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.
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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 |
|---|---|---|---|
| Oct 7, 2021 | No longer available | - | |
| No longer available | |||
| Oct 21, 2020 | Sold | ||
| Sold | |||
| Sep 24, 2020 | In contract | - | |
| In contract | |||
| Aug 8, 2020 | Price Decreased |
$715,000
↓ $35K
(4.7%) | |
| Price Decreased | |||
| Jul 25, 2020 | Listed | $749,999 | |
| Listed | |||
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Stunning Historic Craftsman in Vickery Place on over sized Corner lot! This home has been completely remodeled into the perfect blend of charm and contemporary. Open Layout W re-finished Hardwood Floors throughout & an abundance of Natural Light beaming from New Windows. This home is perfect for entertaining. Large Living Room W Fireplace that opens to Dining Area and Kitchen. Chef-sized Kitchen with Shaker Style Cabinets, SS apps, Quartz Countertops, wine bar, coffee bar and Island W custom Waterfall edge. Large en-suite Master W Huge Shower W Rainfall shower head, his & her closets and Free-Standing Soaker Tub. Secondary Bedrooms all have WIC. Updates also include Gate and Fence 2019, AC 2019, Siding 2019 The manager has listed the unit size as 2860 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017