6514 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 |
|---|---|---|---|
| Mar 4, 2021 | Sold | ||
| Sold | |||
| Nov 20, 2020 | Listed by KELLER WILLIAMS REALTY | $49,000 | |
| Listed by KELLER WILLIAMS REALTY | |||
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CASH DEAL! For the working man is this is 840 square foot, single wide manufactured home on 0.1721 acres. Lot does have board on board fence. There is a mobile home already on this lot but is not consider a structure that you could live in at this time. A newer manufactured home could be moved to this exact site but would require some improvements. This location is zoned Rural Residential (RR). Running a water line and tapping into city water services will be required. This would require hiring a licensed plumber who would have to pull a permit with the city and the work would need to be done and inspected. Also, they would need to show Connection to sewer via a septic system being installed.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017