11835 Westmere Drive
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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 21, 2024 | Sold | ||
| Sold | |||
| Sep 3, 2024 | In contract | - | |
| In contract | |||
| Jul 13, 2024 | No longer available | - | |
| No longer available | |||
| Jul 12, 2024 | Listed by RE/MAX Signature | $498,000 | |
| Listed by RE/MAX Signature | |||
| | |||
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LIGHT, BRIGHT & TIMELESS TRADITIONAL WITH A SPARKLING POOL, SPACIOUS YARD & MATURE TREES! Neutral color palette. No carpet down! Wood & Tile flooring. 2-inch blinds. Home office or flex space off entry. Formal dining. Spacious living with cozy fireplace, built-ins, wet bar and large window offering poolside views. Kitchen with quartz counters, subway tile backsplash, stainless steel appliances and attached breakfast area. Primary bedroom with ensuite offering standing shower. Well-sized secondary bedrooms. Bring your personal style! Oasis-ready backyard offering refreshing pool, decking, patio area and green space. Fabulous dining, shopping, and entertainment nearby! GREAT COMMUNITY WITH MANY AMENITIES! Enjoy access to the neighborhood pool, playground, park and four tennis courts. AMAZING LOCATION!! Minutes to Energy Corridor, Lakeside Country Club, Westside Tennis Club, City Centre, I-10, Beltway 8, Highway 6 & Memorial Drive. Close to The Village School & bus stop for Awty.
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| May 11, 2024 | Withdrawn | - | |
| Withdrawn | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017