756 Willow Dr
About This Property
Welcome home to this amazing open floor plan! You will enjoy the beautiful, updated kitchen with a ton of counter and storage space! This kitchen is large enough to cook and dance in. First floor is covered in wood laminate flooring. Backyard is the perfect place to relax. It features a large redwood deck, sandbox for the littles and backs to greenbelt open space! The upper floor has a loft area that greets you as you top the stairs. This leads to a large master suite with a nice master bath and large walk-in closet. The other two rooms on this floor are bigger than the Builder standard. This is one of the most desired plans in the neighborhood. Roof replaced in the last 5 years; heater motor replaced 2021. Heated garage with ample storage. Kitchen stove 2 years young, fridge is less than 5 years old. All kitchen appliances stay. 2021 taxes $1,685.60!! you can NOT beat the taxes!!!!! Great for a first-time home or for an investment 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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017