188 Westerman Rd
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 |
|---|---|---|---|
| Jul 31, 2024 | Sold | ||
| Sold | |||
| May 24, 2024 | In contract | - | |
| In contract | |||
| May 6, 2024 | Listed by Slifer Smith & Frampton - Summit County | $3,550,000 | |
| Listed by Slifer Smith & Frampton - Summit County | |||
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This classic Highlands residence offers long ranging views to the breathtaking Continental Divide highlighted by the twinkling lights of the Keystone ski area. The gorgeous dimensional beams throughout the home provide a feeling of rustic elegance, with the design anchored by a breathtaking two-story stone wall that highlights the staircase with its stunning chairlift cable handrails. The open floorplan is ideal for multi-generational living with its three separate gathering areas and two primary suites, one on the main level and the other dedicated to its own wing of the home, as well as the loft that can serve as an additional sleeping space. The beautiful kitchen, living and dining areas all enjoy soaring vaulting ceilings with wonderful visual connection for entertaining friends and family. The covered outdoor living room is privately situated on the south side of the home and has a cozy fireplace to gather around to raise a glass for a toast to the day's mountain adventures. The iconic Flume Trail can be directly accessed from this property for your year-round enjoyment from snowshoeing with your dogs to testing your single-track mountain bike skills. Don't miss this high-quality home in today's market.
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| Oct 10, 2007 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017