8
Map
17035 WESTVIEW DR
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 |
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| Sep 11, 2026 | Listed by Better Homes & Gardens Realty | $1,950,000 | |
| Listed by Better Homes & Gardens Realty | |||
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Exceptional Custom Home Opportunity with Lake Views & Easement Rights. A rare opportunity to create a distinctive custom home in one of Lake Oswego’s most coveted settings. This private .32-acre homesite offers a tranquil, park-like backdrop with peek-a-boo views of Lake Oswego and an elevated position just off street level—providing privacy while maintaining convenient driveway access. The property is thoughtfully positioned for development, with all corners marked, utilities available from both Westview Drive and South Shore Blvd, and stakes outlining the buildable footprint visible from the private driveway entrance. Enjoy coveted Lake Oswego easement rights with access to Maple Circle, Alder Point Club, Blue Heron, and Lakeview Recreation Club, offering opportunities for boat slips, kayak and paddleboard storage, swimming, and year-round lake recreation. Ideally located near highly regarded Lake Oswego schools, parks, shopping, dining, and downtown amenities, this property offers an exceptional combination of privacy, natural beauty, lake lifestyle, and custom-home potential. MLS #556564395 features a proposed Frank Lloyd Wright-inspired residence designed to showcase the unique setting, architecture, and views while helping buyers envision what is possible on this special homesite. Buyer to perform their own due diligence regarding development, utilities, easement rights, and proposed improvements.
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| Aug 27, 2023 | No longer available | - | |
| No longer available | |||
| Jun 5, 2023 | Price Decreased |
$442,900
↓ $7K
(1.6%) | |
| Price Decreased | |||
| May 10, 2023 | Listed by Better Homes and Gardens Real Estate Realty Partners | $450,000 | |
| Listed by Better Homes and Gardens Real Estate Realty Partners | |||
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Nestled in the picturesque hills of lake Oswego, this stunning lot offers the perfect opportunity to build your dream home with breathtaking views of the surrounding natural beauty. Buildable 1/3 acre Lot with peek-a boo of the lake. With the sloping terrain, this lot provides the ideal canvas for a custom-designed home that seamlessly blends into the landscape. Surrounded by Fabulous Multi-Million-dollar homes and abutting South Shore drive just above main lake. A Daylight ranch or contemporary would work great on this lot! Bring a vision & you can build a custom home near the lake for under $2MM. Bring your own builder or we can recommend builder. You can build a 3200-4800sf + home on this lot. Corners marked & all utilities available on Westview & South Shore. Lake easements & rec park access. Walkable to eateries & Exc. LO Schools. Don't miss out on this rare opportunity to own a piece of paradise in one of Oregon's most sought after communities.
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| Apr 6, 2023 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017