354 Westminster Drive
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 |
|---|---|---|---|
| Aug 22, 2024 | Sold | ||
| Sold | |||
| Jul 16, 2024 | In contract | - | |
| In contract | |||
| Jun 7, 2024 | Listed by eXp Realty LLC | $2,350,000 | |
| Listed by eXp Realty LLC | |||
| May 5, 2023 | Sold | ||
| Sold | |||
| Mar 21, 2023 | Listed by Brooks Ballard International Real Estate | $1,149,000 | |
| Listed by Brooks Ballard International Real Estate | |||
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Nestled underneath two beautiful Live Oaks is a custom built ranch style home. Beautiful large windows, ornate molding, and 10ft ceilings frame the formal rooms. The family room boasts paneled walls, a large picture window overlooking the backyard and a corner fireplace. The home is just waiting for that person to bring it back to it's original splendor.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017