31 Westbrook Drive
About This Property
While offering a solid foundation for immediate occupancy, this home presents an exciting opportunity to personalize and enhance its appeal to suit your taste. Set on a spacious, flat lot, the property features direct access to the serene Valatie kill, providing a peaceful retreat right in your backyard. Imagine relaxing evenings around a fire pit or leisurely mornings by the water's edge, creating cherished memories with loved ones.
With its well-maintained condition, this home is likely to meet FHA requirements, stre
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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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Sep 20, 2024 | Sold | ||
Sold | |||
Jul 15, 2024 | In contract | - | |
In contract | |||
Jul 2, 2024 | Relisted | $185,000 | |
Relisted | |||
Jun 8, 2024 | In contract | - | |
In contract | |||
May 26, 2024 | Relisted | $185,000 | |
Relisted |
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Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
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Building Info
