56 Willow Ave
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 |
|---|---|---|---|
| Dec 18, 2023 | Sold | ||
| Sold | |||
| Oct 23, 2023 | In contract | - | |
| In contract | |||
| Oct 12, 2023 | Listed by Century 21 Seaport | $799,000 | |
| Listed by Century 21 Seaport | |||
| Sep 27, 2020 | No longer available | - | |
| No longer available | |||
| Aug 5, 2020 | Listed | $749,000 | |
| Listed | |||
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This designer owned home is a “MUST SEE”. A pristine and vast interior, with a versatile floor plan, will accommodate multiple home offices and/or homeschooling rooms that may be necessary during these times. The expansive and private, fenced in, back yard is perfect for pets, children’s play area, and friends and family entertainment. You are steps from Lewis Lake, an open field, playground, and golf course. Just one block further, you will arrive at Winthrop Beach. Close by, there are 3 yacht clubs, a marina and a seasonal ferry to Boston. With boating, fishing, golfing, biking, kayaking, paddle boarding and more, you’ll feel as if you’ve escaped to the country…..but you’re just minutes from Boston. Come live in this seaside community and enjoy all it has to offer. Call for a private showing. Per CDC Guidelines, please wear masks while in the property. The manager has listed the unit size as 2032 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017