1502 Westwood 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 |
|---|---|---|---|
| Nov 2, 2023 | Sold | ||
| Sold | |||
| Mar 27, 2023 | Listed by Coldwell Banker Apex, REALTORS | $260,000 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
| Dec 2, 2022 | No longer available | - | |
| No longer available | |||
| Nov 15, 2022 | Price Decreased |
$285,000
↓ $500
(0.2%) | |
| Price Decreased | |||
| Aug 28, 2022 | Listed by Coldwell Banker Apex | $285,500 | |
| Listed by Coldwell Banker Apex | |||
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Recent updates, a pool, AND a $2,500 allowance! Great home with an in ground pool! Beautiful new countertops and backsplash in the kitchen. Four large bedrooms, 2 living areas, a formal dining room, casual eating area, separate laundry room, a sun room and a great in ground swimming pool! Nestled in a peaceful, well maintained area of town, this home is perfect if you like large rooms, a tree shaded lot and did I mention your very own pool. Come see it today! Allowance can be used for closing costs, more updates, or a price reduction - your choice! The manager has listed the unit size as 2697 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017