985 Willis Road
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 |
|---|---|---|---|
| Sep 3, 2021 | Sold | ||
| Sold | |||
| Jul 6, 2021 | Listed by Sparks Real Estate | $299,900 | |
| Listed by Sparks Real Estate | |||
| Aug 7, 2020 | No longer available | - | |
| No longer available | |||
| Jul 23, 2020 | Listed | $272,900 | |
| Listed | |||
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Your own piece of paradise! This cozy Log Cabin has been lovingly maintained by one owner. Property features a Horse Corral, Stable, Storage Shed, Pole Barn, Stone walls, Fire pit, Flower and Vegetable Gardens & sits on 3.68 Acres with views of Thousand Acre Brook. Fireplace in living room has a Pellet insert, Vaulted Ceiling and access to Deck. Kitchen has a small island and a Dining area. Upstairs Loft Bedroom with large closet and Balcony overlooking your living room. Basement has the 2nd full bath, laundry, 2 oil tanks, work bench & 2nd unfinished bedroom (trim) with exterior access to the beautiful and scenic back yard. 7500 Watt Generator and hookup. Private location but minutes, approx 2 miles, to Route 2, restaurants & shopping. Public record has property listed as 1 bedroom. Septic system is for 2 bdrms. Title V to be done by Seller with accepted offer. Masks and Goves required for all showings. Pre-approved Buyers only and must drive by before showing requests The manager has listed the unit size as 980 square feet.
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| Sep 18, 2019 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017