477 Westerman Place
About This Property
The first-floor owner's suite offers trey ceilings, a custom walk-in closet, oversized dual vanity, jetted tub, and separate shower. Two additional bedrooms, a dedicated laundry/mudroom with folding table and half bath complete the main level. Upstairs, a massive bonus room with wet bar, full bath, and walk-in storage offers space for recreation, guests and room for expansion with over 500 square feet of unfinished space! The roof is only a year old!
Enjoy the outdoors with a large patio, above-ground pool, wired & insulated workshop, and heated/cooled oversized 2-car garage. With horses allowed, this property offers true country living just minutes from modern conveniences. 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 |
|---|---|---|---|
| Dec 22, 2025 | Sold | ||
| Sold | |||
| Nov 2, 2025 | In contract | - | |
| In contract | |||
| Oct 21, 2025 | Price Decreased |
$700,000
↓ $15K
(2.1%) | |
| Price Decreased | |||
| Oct 18, 2025 | Price Decreased |
$715,000
↓ $10K
(1.4%) | |
| Price Decreased | |||
| Oct 1, 2025 | Price Decreased |
$725,000
↓ $50K
(6.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017