5542 Willis Avenue
About This Property
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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 |
|---|---|---|---|
| Jun 23, 2022 | Sold | ||
| Sold | |||
| May 13, 2022 | Listed by Berkshire HathawayHS PenFed TX | $1,625,000 | |
| Listed by Berkshire HathawayHS PenFed TX | |||
| | |||
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As you walk through this roomy transitional Prairie built in 2019, you will notice gas lamps on the front porch, wide plank white oak floors, chefs kitchen with Sub-Zero appliances, climate controlled wine room, plus seating for the whole family on the oversized kitchen Island. Floor to ceiling windows adjoin the living area and massive patio containing a wood burning fireplace and motorized screens for all season enjoyment. Once you make your way up to the owner’s retreat, the view from the widows feels as if you are in a private tree-house. You then slip into a spa like bathroom with rift white oak cabinetry and Italian tile to soak all your days stresses away. This home has tons of upgrades and will make you feel like you have hit the jackpot in homes.
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| Dec 31, 2019 | Sold | ||
| Sold | |||
| Nov 6, 2018 | Listed by Rosewood Custom Realty, LLC | $1,250,000 | |
| Listed by Rosewood Custom Realty, LLC | |||
Property Highlights
Building Info
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Price/ft²
Listed On
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About Central Dallas
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Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 13968100
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017