3103 Westgate 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 |
|---|---|---|---|
| Jul 27, 2023 | Sold | ||
| Sold | |||
| May 18, 2023 | Listed by CVC Realty, Inc. | $295,000 | |
| Listed by CVC Realty, Inc. | |||
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Great location! Don't miss out on this ranch home located in unincorporated Joliet, off Route 30 near I-55. Plainfield Schools! Excellent lot with a beautiful backyard, perfect for Summer entertaining and relaxing! Home features 3 bedrooms, one and a half bathrooms, formal living room, family room with fireplace, dining room and kitchen with hardwood floors. Laundry room is conveniently off the 2 car attached garage. No HOA, low taxes!
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| Sep 14, 2016 | Sold | ||
| Sold | |||
| Jul 14, 2016 | Listed by RE/MAX Ultimate Professionals | $179,900 | |
| Listed by RE/MAX Ultimate Professionals | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017