35 Westminster Drive
About This Property
Welcome to this beautiful ranch-style home in the desirable Regency neighborhood, perfectly designed for comfortable living with an inviting open floor plan and high ceilings that enhance the sense of space and light. Step into the grand entry foyer, setting the tone for the warmth and elegance this home offers. Large windows flood the home with natural light, creating a bright and airy atmosphere throughout.
Situated on a spacious .54-acre lot, this home features a full basement, providing ample storage or potential for additional living space. The 2-car garage and driveway ensure plenty of parking. The roof was updated in 2012, offering peace of mind.
Conveniently located near the LIRR and LIE, this home is perfect for commuters seeking easy access to NYC and beyond. Don't miss the opportunity to own this exceptional property-schedule your private tour today!
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 16, 2025 | Sold | ||
| Sold | |||
| Mar 14, 2025 | In contract | - | |
| In contract | |||
| Feb 26, 2025 | Listed by Real Broker NY LLC | $699,999 | |
| Listed by Real Broker NY LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017