37 Westgate Road #337
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 |
|---|---|---|---|
| Mar 11, 2004 | Sold | ||
| Sold | |||
| Jan 26, 2004 | Listed by Bengloff Real Estate | $194,900 | |
| Listed by Bengloff Real Estate | |||
| | |||
|
RARE 2ND FLOOR 1 BEDROOM WITH BALCONY TOTAL REHABBED VACANT NEW KITCHEN BATH CARPET PAINT TILE BATH + KITCHEN FLOORS SUNNY COURTYARD EASY TO SHOW BEST 1 BED 1 DEEDED PARKING POOL TENNIS LAUNDRY LOW DEPOSIT
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/11/2015
|
1 Bed
|
1 Bath
|
575 ft²
|
$179,900
1 Bed
1 Bath
575 ft²
|
$166,000
-7.73%
03/23/2016
|
Howard Schulman
Leading Edge Real Estate
| |
|
07/29/2004
|
1 Bed
|
1 Bath
|
575 ft²
|
$159,900
1 Bed
1 Bath
575 ft²
|
$159,900
11/03/2004
|
James Hurley
Keller Williams Realty
| |
|
01/26/2004
|
1 Bed
|
1 Bath
|
625 ft²
|
$194,900
1 Bed
1 Bath
625 ft²
|
$191,450
-1.77%
03/11/2004
|
Robert Bengloff
The Bengloffs
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017