503 Wester Ross LN
About This Property
This bright and open home features 4 bedrooms, 3.5 baths, two living areas, formal dining, a dedicated office, and a media/bonus room. Newly installed hardwood floors and updated laundry room, powder bath, and upstairs bathroom. The spacious primary suite is located on the main level with large windows offering wooded views and natural light. Upstairs includes 3 additional bedrooms, 2 full baths, and a large flex space that can be used as an office, game room, or media room.
The gourmet kitchen features stainless steel appliances, 5-burner gas cooktop, double ovens, granite countertops, and a large center island with seating. 3-car garage and beautifully landscaped yard.
The expansive covered back porch includes a custom-built outdoor kitchen and overlooks a private greenbelt with views leading down to the lake-ideal for relaxing or entertaining.
***$50K in upgrades including new walnut hardwood floors, interior paint and upgraded bathrooms and laundry room***
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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 18, 2025 | In contract | - | |
| In contract | |||
| Jun 5, 2025 | Price Decreased |
$875,000
↓ $10K
(1.1%) | |
| Price Decreased | |||
| May 7, 2025 | Price Decreased |
$885,000
↓ $14K
(1.6%) | |
| Price Decreased | |||
| May 2, 2025 | Listed by Keller Williams - Lake Travis | $899,000 | |
| Listed by Keller Williams - Lake Travis | |||
| Jul 31, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017