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34 Westgate
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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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Mar 12, 2021 | In contract | - | |
| In contract | |||
| Feb 9, 2021 | Listed | $1,450,000 | |
| Listed | |||
| | |||
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Welcome to 34 Westgate! Prepare to be impressed when you enter this pristine and fully upgraded home in a gated community in the desirable Ocean Ranch area. This home enjoys abundant natural light and a layout designed for easy living and entertaining. The ground floor incorporates a brand new kitchen open to the family room, a welcoming living and dinning room, guest powder room and laundry. Upstairs you find three dreamy bedrooms, an office with built-in cabinets. Sparkling pool with fountains and spa, built-in BBQ area, panoramic views of hills and city lights welcomes you to this entertainer's backyard. Other high lights and upgrades of the property include, three car tandem garage with built-ins, new heating, new air conditioning, new water softener and the home has been repiped. Schools, shops, dining, Dana Point Harbor, Salt Creek Beach within easy reach. This is the ideal place to call home. Be prepared for this to be "Love at first sight". The manager has listed the unit size as 2680 square feet.
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| May 21, 2018 | Sold | ||
| Sold | |||
| Feb 13, 2018 | Listed by RE/MAX Fine Homes Inc | $1,299,000 | |
| Listed by RE/MAX Fine Homes Inc | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017