4803 Westerham Street
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 |
|---|---|---|---|
| Jan 30, 2025 | Sold | ||
| Sold | |||
| Dec 16, 2024 | In contract | - | |
| In contract | |||
| Dec 12, 2024 | Relisted | $1,995,000 | |
| Relisted | |||
| Nov 28, 2024 | In contract | - | |
| In contract | |||
| Oct 18, 2024 | Listed by Compass RE Texas, LLC - Houston | $1,995,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
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Welcome to 4803 Westerham, this stunning 1.2-ACRE property nestled in the GATED COMMUNITY of Weston Lakes on a cul-de-sac boasts mature trees and unparalleled views and sunsets on Pecan Lake. This residence underwent a complete remodel blending modern luxury with classic charm and features 4 bedrooms, 4.5 bathrooms, a welcoming porte-cochere, multiple living areas, home office, formal dining, & tranquil master suite. Enjoy the expansive fenced-in backyard, lush landscaping and the inviting pool and spa, creating the perfect setting for relaxation and entertainment. Additional improvements include gorgeous hardwoods, Thermador appliances, custom fireplace surround; new windows and doors; handmade iron front door, German brick schmear, upgraded landscaping, all new interior and exterior lighting, new HVAC units, 250 gallon tankless water heater, and more. Golf Course, Country Club, 24HR guarded/gated access, community amenities, & low tax rate. Schedule your private tour!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017