8903 Wandering Willow Drive
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 |
|---|---|---|---|
| Aug 27, 2023 | Sold | ||
| Sold | |||
| Jul 14, 2023 | Listed by Listing Results, LLC | $599,500 | |
| Listed by Listing Results, LLC | |||
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This inviting, custom home resides in a nice neighborhood highlighting a large front patio, high ceilings, custom flooring, gas log fireplace, formal dining room, 4-5 bedrooms (one is currently used as an office), an island kitchen with granite countertops and built in wine rack, a large master bedroom with walk in closet and more. The home is equipped with a water softener, filtration system, and automatic sprinkler system. The added bonus is the corner lot along with a spacious pool and hot tub. Neighborhood amenities include a clubhouse, tennis courts, fitness club, a pool, park, and playground.(Please note the 1st bedroom has carpet that is being replaced within the next 2 weeks)
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| Jul 12, 2021 | Sold | ||
| Sold | |||
| May 28, 2021 | Listed by Compass RE Texas, LLC | $499,950 | |
| Listed by Compass RE Texas, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017