lot 2 Westwood Drive
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 |
|---|---|---|---|
| Dec 14, 2006 | Sold | ||
| Sold | |||
| Jul 28, 2006 | Listed by Empire Real Estate Group | $239,900 | |
| Listed by Empire Real Estate Group | |||
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Exceptional, unheard of, gorgeous 1.51 acre WATERFRONT LOT! Approx. 340.34' along the shoreline of "Cedar Lake". This lot has a town sewer connection with betterment fee paid. Property has a stream on it, and it fairly level with its' own peninsula, Approx. 363.94' frontage on Westwood Drive. Additional adjacent waterfront lot for sale too, see MLS# 70431721 . Owner will consider "package" sale. Easy highway access to Mass Pike (I-90) & I-84
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| Jan 12, 1998 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017