3246 Westminster Drive
About This Property
*Spectacular new construction
*6 bedroom lakefront with the latest in upgrades.
*Spec list coming soon.
*To be complete Fall 2022
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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 11, 2023 | Sold | ||
| Sold | |||
| Feb 7, 2022 | Sold | ||
| Sold | |||
| Apr 17, 2021 | Listed by Compass Florida LLC | $3,995,000 | |
| Listed by Compass Florida LLC | |||
| Jan 28, 2021 | Listed by Compass Florida LLC | $1,100,000 | |
| Listed by Compass Florida LLC | |||
| | |||
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*Not available until Jan 2022*
4 BR/ 3 BA/2-car + golf garage, one story home with split floor plan, incredible backyard, & lake views. On first entry of the home, you are greeted with a gorgeous view of the backyard from the living room. Views & access to the pool from the family room, kitchen, & master bedroom.
The master is adorned with dark hardwood & coffered ceilings. The 2nd bedroom, located near the master, has new carpets, & plantation shutters- perfect for a home office.
2 of 4 BR are adorned with light wood-like laminate.
The spacious kitchen with plenty of storage, breakfast nook, & window to serve the backyard.
The backyard has plenty of both covered & uncovered patio space, a view of the lake, hookup for television, & a large pool
| |||
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017