8901 Willow Trace Court
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 |
|---|---|---|---|
| Nov 21, 2024 | Sold | ||
| Sold | |||
| Oct 20, 2024 | In contract | - | |
| In contract | |||
| Oct 18, 2024 | Listed by Berkshire Hathaway HomeService | $585,000 | |
| Listed by Berkshire Hathaway HomeService | |||
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Memories are made in homes like this! With a friendly demeanor that suits its charming cul-de-sac lot, this property offers trees, space and privacy in the backyard and a rocking chair front porch that's the ideal spot to greet the neighbors. The spacious Interior has been brightened with fresh paint in a tasteful, neutral tone and attention to detail has been lavished on each room. New, luxe, quartz counters and a butcher block island enhance the kitchen while new appliances add delight for the cook. The warmly inviting family room is centered on a handsome fireplace and offers plentiful space for large gatherings. Dine in the cozy breakfast nook and soak up the backyard views or entertain a crowd in the dining room. Upstairs, the primary suite has generous space for a king sized bed and the bath has been stylishly renovated. 3 secondary bedrooms include one that's perfect as a bonus or media room. If outdoor space is on the wish list, this remarkable lot has it in spades. Trees surround the perimeter but leave room for outdoor activities and gardening. The oversized shed/workshop is an attention grabber for those who love woodworking, hobbies or just crave additional storage. Don't miss the walk up attic, the almost immediate access to new 540 or the YMCA that's just across the road. NO city taxes! Ask for list of improvements.
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| Feb 23, 2024 | Sold | ||
| Sold | |||
| Feb 15, 2024 | Listed by Keller Williams Realty Cary | $530,000 | |
| Listed by Keller Williams Realty Cary | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017