284 Westpark Lane
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 |
|---|---|---|---|
| Mar 31, 2025 | Sold | ||
| Sold | |||
| Mar 7, 2025 | In contract | - | |
| In contract | |||
| Feb 14, 2025 | Price Decreased |
$495,500
↓ $32K
(6.1%) | |
| Price Decreased | |||
| Oct 2, 2024 | Listed | $527,900 | |
| Listed | |||
| | |||
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Welcome to Summerville, a charming new construction neighborhood located off of Jennings Mill Rd - just minutes from shopping, dining, UGA Campus, and bustling downtown Athens. Traditionally-inspired, these watercolor homes echo the easy appeal of the coast with welcoming porches and rear garages. Step into our Harper floorplan and find yourself immersed in modern elegance. To your left, you are welcomed by a roomy formal dining room, perfect for throwing dinner parties. Continue down the foyer and find an open-concept kitchen and living space. Your gourmet kitchen is a chef's dream with granite countertops, stainless steel appliances, a gas cooktop, a generous walk-in pantry, and an oversized kitchen island. Entertain in your spacious great room, beautifully designed with plenty of natural light and a 42" fireplace. To your right is your luxurious owner's suite with a large walk-in closet and spa-like ensuite. Upstairs you will find a generously sized loft flanking 3 more bedrooms, your laundry room, two additional bathrooms, and a balcony overlooking your front yard. With ample space and storage throughout, these new builds will not last long! Tour today to find your little piece of paradise.
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| Aug 14, 2024 | Listed by Ansley RE|Christie's Int'l RE | $527,900 | |
| Listed by Ansley RE|Christie's Int'l RE | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017