12812 WESTBROOK DR
About This Property
Dramatic two-story family room with fireplace; bright foyer entrance; dual stairways; over 1000 sq ft deck/patio outdoor space; gourmet kitchen with updated stainless-steel appliances, oversized granite island, walk-in pantry, butler's pantry; large breakfast area off kitchen. On the upper level there are 4 bedrooms, 3 full baths, with oversized secondary bedrooms; master suite features cozy sitting room plus huge walk-in closet and luxurious master bath. Day-light basement is a must see: it features coffered ceiling, open large recreation room, wet bar, a bedroom, a full-bath and a spacious media room / home theater. Brand new HVAC (two zone), whole house speaker system. Immaculate and move-in ready.
Great location – minutes to I-66 / Rt-50/ Fair Oaks Shopping Center / businesses.
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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 |
|---|---|---|---|
| May 17, 2024 | Sold | ||
| Sold | |||
| Apr 10, 2024 | In contract | - | |
| In contract | |||
| Apr 1, 2024 | Price Decreased |
$1,362,000
↓ $38K
(2.7%) | |
| Price Decreased | |||
| Mar 12, 2024 | Price Increased |
$1,399,999
↑ $110K
(8.5%) | |
| Price Increased | |||
| Mar 8, 2024 | Listed by Realty Aspire | $1,290,000 | |
| Listed by Realty Aspire | |||
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About Fair Lakes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017