2524 Westminster Lane
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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%.
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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.
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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 25, 2021 | Sold | ||
| Sold | |||
| Jun 24, 2021 | Listed by REMAX Excels | $334,000 | |
| Listed by REMAX Excels | |||
| Nov 7, 2019 | No longer available | - | |
| No longer available | |||
| Aug 20, 2019 | Listed | $334,000 | |
| Listed | |||
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This beautifully updated, custom built 4-bedroom, 3 1/2-bath home with finished basement sits on one of the premier lots and Orchard Valley. Hardwood flooring throughout most of the main level. Spacious kitchen has white cabinets topped with black Silas countertops, table space, an island, can lighting, and crown molding. Kitchen's open concept flows over to the family room with its impressive cathedral ceiling, gas log fireplace, and upgraded bay windows. Large living and dining room, and the office has French doors, built-in shelving, and crown molding. The spacious master bedroom features 2 walk-in closets, a jetted tub, and separate shower. Both the master and hall bathrooms have double sinks. The nicely finished basement features a wet bar, rec room, billiards room, and additional storage. Enjoy the picturesque views of the pond and golf course from your composite deck or brick-paver patio. Recent updates include HVAC, siding, roof and sump pump. The manager has listed the unit size as 2536 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017