1329 Westminster Place
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 |
|---|---|---|---|
| Jun 30, 2025 | Sold | ||
| Sold | |||
| May 24, 2025 | In contract | - | |
| In contract | |||
| May 15, 2025 | Price Decreased |
$1,170,000
↓ $5K
(0.4%) | |
| Price Decreased | |||
| Apr 5, 2025 | Listed by Allison James Estates & Homes | $1,175,000 | |
| Listed by Allison James Estates & Homes | |||
| | |||
|
MOTIVATED SELLER!!! VA ASSUMABLE LOANS WELCOME (2.75% APR). This beautiful home located in the highly desirable Crown Rapallo neighborhood at the end of a quiet CUL-DE-SAC checks all the boxes — featuring OWNED SOLAR PANELS, OVERSIZED THREE CAR garage, RV/BOAT PARKING, 240-volt EV CHARGER outlet in the garage, plus a dedicated 120-volt 30-amp RV outlet. The home boasts a primary bedroom on the first floor and a secondary master upstairs, perfect for multi-generational living. Enjoy an open-concept layout with soaring ceilings, dual fireplaces, and tons of natural light. This is all complemented by a completely redone Spanish tile roof in late 2020, fresh exterior and interior paint, and luxury vinyl plank flooring. The spacious kitchen was remodeled in late 2022, and with the addition of KitchenAid appliances, is perfect for hosting. An intercom system runs throughout the home for added convenience. Step outside to your lush backyard oasis, complete with a sparkling pool that was resurfaced in summer 2022 with Stonescape mini pebble, which includes a high efficiency pool pump and upgraded accessories, offering peace of mind. The tropical yard features an automatic sprinkler system with lemon, lime, and pomegranate trees, accentuated by a large covered patio ideal for summer gatherings and everyday tranquility. Storing your tools or toys is not an issue with a pull-through gate on the side yard accessing 2 large sheds. The huge lot offers plenty of room for an ADU as well (Accessory Dwelling Unit), giving you flexible living or investment options. Best of all, NO HOA. Come see this gem today!
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| Feb 28, 2019 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017