108 Westminster 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 |
|---|---|---|---|
| Jan 5, 2024 | Sold | ||
| Sold | |||
| Oct 16, 2023 | Listed by Henderson-Weir Agency | $239,900 | |
| Listed by Henderson-Weir Agency | |||
| Aug 21, 2018 | No longer available | - | |
| No longer available | |||
| May 15, 2018 | Listed | $147,800 | |
| Listed | |||
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Super friendly location and floor plan. Split bedroom 3br/2ba ranch with walkout basement and open floor plan. Oversized master has large walk-in closet plus additional closet. Basement has many possibilities with area for legitimate 4th bed room and 3rd full bath stubbed in. Basement has a garage door to access storage area which makes moving a breeze. Heritage Lake Subdivision is a private association featuring an 80+/- acre lake w/ beach area, boat ramp and many fishing docks, sand volleyball courts, pool, lodge, tennis/pickleball courts, disc golf course, dog park and more. The manager has listed the unit size as 1404 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017