178 Westminster Drive
About This Property
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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%.
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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.
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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 30, 2025 | Sold | ||
| Sold | |||
| Apr 1, 2025 | In contract | - | |
| In contract | |||
| Mar 21, 2025 | In contract | - | |
| In contract | |||
| Mar 12, 2025 | Listed by Julia B Fee Sothebys Int. Rlty | $699,000 | |
| Listed by Julia B Fee Sothebys Int. Rlty | |||
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Charming Brick Colonial on Westminster Drive- HIGHEST & BEST OFFERS DUE THURSDAY MARCH 20TH 12:00 PM
Located at the top of Westminster Drive, this beautifully restored brick colonial blends
modern updates with original charm. The chef’s kitchen, with its high ceilings, is the
heart of the home, perfect for both cooking and gathering. The large wooden breakfast
table is negotiable.
The spacious living room features a cozy updated fireplace with a new cast-iron insert,
providing both warmth and style. Adjacent to it, the sunroom with restored paned windows
offers natural light and serene views.
Upstairs, the oversized primary bedroom includes a newly renovated full bath. Two
additional bedrooms and another updated bath complete the second floor. The basement
offers ample storage and laundry space.
The outdoor areas are equally impressive, with a beautifully landscaped backyard and a
front stone patio perfect for sunset views. Recent updates include a new roof in 2022 and
a renovated powder room in 2024. The solar panels are leased for $100/month. The panels are transferable to a new owner.
This home offers the perfect mix of character and modern comfort—don’t miss the chance to
see it in person!
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| Jan 23, 2019 | Sold | ||
| Sold | |||
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About Homefield
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017