208 Westend 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 |
|---|---|---|---|
| Nov 23, 2021 | No longer available | - | |
| No longer available | |||
| Nov 19, 2021 | Sold | ||
| Sold | |||
| Aug 19, 2021 | In contract | - | |
| In contract | |||
| Jul 7, 2021 | Listed by Coldwell Banker Fort Realty | $1,800,000 | |
| Listed by Coldwell Banker Fort Realty | |||
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Immerse yourself in the splendor of this quintessential lake residence, set on one of Lake Hartwell’s finest waterfront properties. From its gated, concrete, beautifully landscaped private drive and welcoming motor court area (large enough to park several vehicles), to its approx. 3 acre point property with 180 degree lake views (1100 Ft of Lake frontage); all the additional properties to the right are red zone and non-dockable and provide additional privacy and buffer. Possessing almost 5,000 sq ft of gracious interior, superlative features are too detailed to enumerate, but include: vaulted, beamed ceilings; wood bead ceiling throughout the home, solid wood paneled doors, short walk down a gentle slope to dock, with lift, water, power and lights. The list of luxuries is endless. This highly appointed, low maintenance residence and its surroundings have been expertly and lovingly maintained by the current owner. The spacious chef’s kitchen and prep area will satisfy every cooking requirement, while doubling as an ideal entertaining area. Additionally pleasing are all the extra storage areas throughout the home and that every bedroom is an on suite. The spacious main floor master suite includes a bathroom, large walk-in closet and a specious home office with views of Lake Hartwell. A separate guest cottage is tucked above the oversized detached three car garage (with brick floors and wood paneled walls), and comes with a full-size kitchen, living room (with fireplace), bedroom, 2 full baths and a stunning porch overlooking the lake. Most importantly, the sense of peace, tranquility and comfort this exquisite property exudes is unmatched on Lake Hartwell in the current market and reserved for only the most sophisticated and informed purchaser.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017