2406 Westlake Drive
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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 |
|---|---|---|---|
| Feb 4, 2021 | Sold | ||
| Sold | |||
| Sep 25, 2020 | Listed by T. Custom Realty | $350,000 | |
| Listed by T. Custom Realty | |||
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Back on Market due to financing waiting on release by buyer. Just installed a new roof! Below Market Sale for the Neighborhood! Built by Grand Homes, vaulted ceilings in this spacious & open floor plan that boast 3 living areas, 2 dining rooms & Master and one bedroom down. Jack and Jill like bathroom upstairs with an oversize Game Room and 3 Bedrooms upstairs. No HOA regulation and fee to worry about. Wood Floors thru out the traffic area and in the bedrooms downstairs, the oversize Backyard and drive way in the back is big enough to add a swimming pool and play space. Award winning Choice of Garland and Magnet schools. Why buy a New Home when you can customize this home to your needs!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017