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4817 Saint Armands Way
About This Property
Secondary bedroom is private w/ adjacent bath. Natural gas tankless water heater + impact windows throughout! Upgraded impact glass front door. Enjoy the sunrise on your covered back patio w/ glistening lake views. More space between homes on this $82,000 oversized lake lot. Cresswind is an active amenity-rich, over 55 community. Residents enjoy access to a modern clubhouse featuring a full-time lifestyle director, event & social calendar, pickleball & tennis courts, walking trails, resort-style pool and spa, resistance pool, dog park, event & entertainment areas and bocce courts. The Smart-Fit Training Center has the only EGYM training system in the area. Residents can also enjoy all that Westlake has to offer including the Adventure Park.
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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 |
|---|---|---|---|
| Jul 9, 2025 | Sold | ||
| Sold | |||
| Jun 11, 2025 | In contract | - | |
| In contract | |||
| May 17, 2025 | Listed by RE/MAX Direct | $525,000 | |
| Listed by RE/MAX Direct | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017