47
Map
411 Westerly Drive
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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 18, 2024 | Sold | ||
| Sold | |||
| Feb 20, 2024 | In contract | - | |
| In contract | |||
| Feb 3, 2024 | Listed by Compass RE Texas, LLC - Houston | $850,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
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This home is the entertainer’s dream! One floor of versatile, flowing living spaces. The convenient elevator access is a luxurious feature delivering you to an expansive floor plan where you'll take in the abundant wall of windows overlooking the scenic views of the canal. Chef's kitchen equipped w/recent appliances, featuring Granite countertop island extending through most of the kitchen space and is perfectly designed for culinary enthusiasts and socializing. Recent Luxury vinyl throughout the family area, kitchen, dining room & office and the spaces have amazing flexibility for your different needs. The primary suite bathroom has been updated with new tile, soaking tub, and double sink vanity. Second bath updates to enhance comfort and style for family and guests. Abundant outdoor space to relax by the water, fish from your dock or hop on your boat and head out to the bay! 2 car tandem garage(s) have ample room for cars, golf cart, water toys and more! Bonus room off the garage.
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| Aug 22, 2023 | Sold | ||
| Sold | |||
| May 3, 2023 | Listed by Comiskey Realty | $849,575 | |
| Listed by Comiskey Realty | |||
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If you are looking for the 4-1-1 on Tiki, you’ve found it! This gorgeous canal home boasts a spacious driveway that leads to two garages, providing ample parking & storage space. Once inside, you’re greeted by the conveniently located elevator that connects all floors & is also accessible from the garage. Beyond a functional entry, the sun-filled interior flows into a luminous, open layout w/ wall-to-wall windows providing abundant natural light. Let your inner chef set soar in the seamlessly connecting gourmet kitchen w/ upscale appliances, a walk-in pantry & an oversized island equipped w/ a prep sink & cooktop. Lounge in the shade on the covered deck or venture down by the water & enjoy the luxury of fishing in your own backyard. Gulf access is easy w/ a private boat dock right at your fingertips. You can reach the bay in just a short boat ride away. If you're looking to live the salt life at its finest, this is the house for you! Call today to discover island living!
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About Tiki Island
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Last Updated: 4 months ago
Data Source: HAR , MLS# 5175247
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