1200 Westerham Drive
About This Property
As you enter the foyer, you'll be welcomed by an open floor plan, a striking stacked-stone fireplace, and soaring cathedral ceilings. The gourmet kitchen is perfect for entertaining, with ample counter space and a smart, functional layout. The expansive primary suite is on the main level and includes a private flex room, luxurious spa-like bath, and walk-in closet.
Step outside into your private backyard oasis, where a sparkling in-ground pool awaits-ideal for endless summer relaxation and fun. The home also features landscape lighting as well as an irrigation system to make watering a breeze. Additionally, a transferrable termite bond provides extra peace of mind.
Whether you are entertaining by the pool or enjoying the spacious interiors, this home provides everything you need for upscale living in a tranquil setting.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017