2424 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 |
|---|---|---|---|
| Oct 29, 2020 | Sold | ||
| Sold | |||
| Oct 26, 2018 | Sold | ||
| Sold | |||
| Sep 26, 2018 | No longer available | - | |
| No longer available | |||
| Aug 6, 2018 | Listed | $588,000 | |
| Listed | |||
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Come home to this elegant living in Pelham Garden. Single family home with the deed to expand on the property. Charming spacious 3 bedrooms, features large living rooms formal dining room and breakfast nook, basement is finished private walk out, the vegatble gardens has lots of fresh vegatbles to choose from.Fit 6 cars private driveway. Buildable lot 25X100, attached lot sold with house. Please do not disturb the tenants. Please be advised. The seller is requesting the prospective buyer to have a Conventional loan only or cash. Please verify taxes, sq ft, etc.Sold as is. The manager has listed the unit size as 2100 square feet.
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| Jul 19, 2018 | Listed by Grand Lux Realty, Inc. | $588,000 | |
| Listed by Grand Lux Realty, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017