519 Westminster Drive
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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 |
|---|---|---|---|
| Jun 3, 2024 | Sold | ||
| Sold | |||
| May 10, 2024 | In contract | - | |
| In contract | |||
| May 5, 2024 | Listed by Compass RE Texas, LLC - Houston | $1,995,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
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Beautiful extensively renovated home located in the sought-after neighborhood of Huntleigh in close-in Memorial. Wonderful 2018 updates include: HVAC, replaced air ducts, updated electrical & interior plumbing, designer lighting from Circa Lighting, majority of windows replaced, engineered hardwoods, LED can lights, tankless water heater & whole house water filtration system. Charming curb appeal w/welcoming covered front porch. Spacious formal living + formal dining. Light & bright family rm w/vaulted, beamed ceiling, wall of built-ins, fireplace. Chef's kitchen w/island, wet bar + breakfast nook. Primary suite w/stunning spa-like marble bath. Massive guest bed w/en suite bath. 2 add'l guest beds w/shared bath. Mud room+powder bath. Expansive pool-sized backyard w/large greenspace + patio w/pergola & outdoor kitchen. Ample storage & crown moldings. Zoned to desirable Hunters Creek Elem, Memorial High. Showings begin at Open House May 6, 11am-2pm & Open May 7th 11-2. Truly a must see!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017