56 Willow Tree Hollow
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 |
|---|---|---|---|
| Sep 29, 2021 | Sold | ||
| Sold | |||
| Oct 1, 2018 | Sold | ||
| Sold | |||
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Aug 13, 2018 | No longer available | - | |
| No longer available | |||
| Jun 19, 2018 | Listed | $949,000 | |
| Listed | |||
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NOW BEING SOLD COMPLETELY RENOVATED. Willow Tree Hollow is a quiet road located in the heart of West Tisbury close to Alley's General Store, 7a foods and just a short drive to Longpoint Beach. Located on 4.14 acres, this home is undergoing a complete renovation both inside and out. The home features 4 bedrooms but there is lots of potential for future expansion with a new 6-bedroom septic. Renovations include, new bathrooms with Carrara marble floors and white subway tile, new windows, new exterior and interior doors, new solid hickory hardwood floors, new kitchen with white cabinets, stone countertops and stainless steel appliances, new paint, pergola over entry door, upgraded electrical, new hot water heater, and brand new mini-splits installed with AC. A great opportunity! The manager has listed the unit size as 1600 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017