8 Willard Ln
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 |
|---|---|---|---|
| Oct 16, 2024 | Sold | ||
| Sold | |||
| Sep 10, 2024 | In contract | - | |
| In contract | |||
| Sep 3, 2024 | Listed by William Raveis R.E. & Home Services | $725,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Enjoy the unique opportunity to live in one of 10 homes on this peaceful cul-de-sac which abuts almost 50 acres of Conservation land offering over 1.6 miles of wooded trails, ponds and incredible wildlife. This 3 bedroom home is also just down the street from Grace Oliver's Beach and Marblehead's tidal islands as well as Stramski Park with boating access to Salem Harbor. The tree-lined street welcomes you to this great home, perched on a knoll, offering an attached, oversized 1 car garage. The first levels include a spacious family room, formal living room with fireplace and dining room. The first floors have easy access to the large, private backyard and sunny deck. Mature landscaping can easily be managed to create more open yard space. The second floor offers 3 bedrooms and a full bathroom.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017