5111 Westerdale Drive
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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 |
|---|---|---|---|
| Sep 1, 2022 | Sold | ||
| Sold | |||
| Jul 19, 2022 | Listed by Joan House Properties, Inc. | $550,000 | |
| Listed by Joan House Properties, Inc. | |||
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WATERFRONT One Story Home in a 24 Hour Manned Golf Course Community on a 25,452 Square Foot WOODED Lot * UPDATED with 3 Bedrooms + 3 Bathrooms + a Study + a Second Study/Craftsroom/Excercise Room + a Large Workshop in the Garage with Electricity * Sits on Picturesque Pecan Lake with a Fishing Dock * NEW Floors Throughout * HUGE Covered Back Deck * Kitchen with Double Ovens, 2 Pantries (One is Customized), Granite Island with Gas Cooking, Deep Farm Sink * Primary Bedroom's Bay Window Has a Stunning View of the Rolling Hill, Stately Pecan Trees and the Lake * Primary Bathroom is Approximately 18 X 7 with 2 Walk In Closets, 2 Vanity Areas, Private Water Closet, Soaking Tub & Separate Frameless Shower * Wrought Iron Fence in the Backyard that is PERFECT for Pets * Circular Drive for EXTRA Parking * Wet Bar with Copper Sink * Dining Area Has Beautiful Views of the Backyard * Back Wall of the Texas Sized Living Room Captures the Natural Beauty of This Incredible Tranquil Setting
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017