2216 Westervelt Avenue
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 |
|---|---|---|---|
| Aug 8, 2024 | Sold | ||
| Sold | |||
| May 1, 2024 | In contract | - | |
| In contract | |||
| Apr 18, 2024 | Listed by eRealty Advisors, Inc | $849,000 | |
| Listed by eRealty Advisors, Inc | |||
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Introducing a remarkable opportunity at 2216 Westervelt Avenue a pristine brick home nestled in the coveted Pelham Gardens neighborhood of the Bronx, This residence boasts three generously-sized bedrooms, three bathrooms, and is enriched with a new roof, hot water tanks, and furnace ensuring comfort and efficiency. Not to be overlooked, the lower level unveils an additional living space where the options are endless. Revel in the outdoors with a well-maintained pool and a spacious backyard that promises endless summer fun and alfresco dining. Just listed and awaiting your visit schedule a showing to discover the lifestyle awaiting you in this enchanting home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017