5639 Willow Lane
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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 |
|---|---|---|---|
| May 14, 2021 | Sold | ||
| Sold | |||
| Apr 23, 2021 | Listed by Keller Williams Realty DPR | $2,250,000 | |
| Listed by Keller Williams Realty DPR | |||
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Elevate your living with this 5-bed, 5.2 bath in Preston Hollow’s Melshire Estates. This stunning contemporary and eco-conscious estate offers the highest quality textures and materials, open, elegant and functional living spaces and an abundance of windows providing crisp, natural lighting throughout. First level primary suite offers sweeping views of the backyard and a luxurious bath. Additional first level guest room with ensuite bath. The second level has 3 additional bedrooms with private baths, expansive balconies and a fabulous game or media room with half bath. Breathtaking outdoor living, dining and entertaining spaces that include a stunning pool and spa, water features, and multiple seating areas.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017