274 Westhampton Drive
About This Property
Double Gold Award Winning Home. A true forever home! Meticulously Custom Built by Sage Built. Purchase now and receive an additional $50,000 to enhance your outdoor living areas! All brick veneer with downstairs living a priority. On the first floor alone, Enjoy 3 Bedrooms, Library, Game Lounge, formal dining, morning corner, and luxurious incredible Wolf/Sub-Zero chef's Kitchen! The primary Bedroom includes a spa-inspired Bath and LG Styler Steam Closet! Three car garage with dual car charging stations, impeccably landscaped and exterior lit facade. Second floor includes a Wellness Center, Sauna, Entertainment room, Au Pair Suite and incredible amounts of walk in Storage and or expansion room. Enjoy the 1.5 Acre private home site on your Incredible screened porch with phantom screening, an oversized deck and a very large covered veranda with access to the Game Lounge.
The Summit is a new home community with country estate living, while located close to many of the Triangle-area's top destinations. With home sites ranging from one-acre to just under seven-acres and an elevation peak rising 600-feet above the community gas lit entrance, Summit offers a land plan that allows its homes to be gently stair-stepped into the mountainside for stunning views. Community features natural gas, county water and fiber optics network.
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 1, 2026 | Sold | ||
| Sold | |||
| Feb 28, 2026 | In contract | - | |
| In contract | |||
| Jan 20, 2025 | Listed by Windjam Properties | $3,790,000 | |
| Listed by Windjam Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017