1511 Potomac 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 22, 2021 | Sold | ||
| Sold | |||
| Jun 25, 2021 | Listed by Martha Turner Sotheby's | $659,000 | |
| Listed by Martha Turner Sotheby's | |||
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A picture perfect patio home in sought after Westhaven Estates! ELEVATOR READY. Fresh & restful interiors with open foyer leading to formal living & separate dining room. Den off Chef's kitchen. Gas cooktop, recent stainless appliances, abundant storage & granite counter tops in light filled kitchen! Attractive hardwoods down & in Primary bedroom. Spacious, Primary bath with separate vanities, air jet tub, separate shower and two walk-in closets. Three bedrooms up. An additional bedroom on third floor with full bath & closet. Improvements include: HVAC replacement (2019), Pella Windows & French doors (2018). Stainless appliances, refrigerator, dishwasher, washer & dryer (2019) Recent hot water heater. FABULOUS PROPERTY, perfect for lock and leave lifestyle!
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About Westside
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017