727 Willow Dr
About This Property
One-level living with no interior stairs! This fantastic 3-bedroom, 2-bathroom ranch home is an excellent choice for buyers looking for easy accessibility and low-maintenance living. There is only one small step from the attached 2-car garage into the home, making it especially appealing for anyone who has difficulty with stairs.
The primary bedroom features a private en-suite full bathroom and walk-in closet, while the two additional bedrooms share a full bathroom. The open floor plan creates a comfortable flow throughout the home, and the large eat-in kitchen provides plenty of space for dining and entertaining. All kitchen appliances are included.
Enjoy the fully fenced backyard, perfect for dogs, relaxing, gardening, or outdoor entertaining. The attached 2-car garage provides convenient parking and additional storage.
Recent improvements include a roof replaced in 2018 and a newer A/C unit & furnace, approximately 2 years old.
Super-low property taxes and very low HOA fees make this home an exceptionally affordable option with lower ongoing housing costs.
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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 |
|---|---|---|---|
| Oct 3, 2026 | Price Decreased |
$399,999
↓ $5K
(1.2%) | |
| Price Decreased | |||
| Sep 30, 2026 | Price Decreased |
$405,000
↓ $4K
(1%) | |
| Price Decreased | |||
| Sep 23, 2026 | Price Decreased |
$409,000
↓ $1K
(0.2%) | |
| Price Decreased | |||
| Sep 9, 2026 | Listed | $410,000 | |
| Listed | |||
| Aug 20, 2009 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017