540 Westview Drive
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 |
|---|---|---|---|
| Aug 2, 2024 | Sold | ||
| Sold | |||
| Jul 26, 2024 | Listed by Corcoran Classic Living | $785,000 | |
| Listed by Corcoran Classic Living | |||
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BUYER JUST PURCHASED THIS HOME AND PLANS CHANGED. She can no longer move in even though it was her dream house. We are putting it back on the market at her sales price, can provide a complete home inspection report, and property corners have been staked. Someone is going to get a very easy purchase!! Welcome to 540 Westview Drive, a stunning single-level brick ranch nestled in the highly sought-after Glenwood neighborhood of Five Points. This beautifully renovated home is ready for you to move in and enjoy. The house has been wonderfully updated with a surprisingly open floor plan, beautiful hardwood floors throughout, tons of natural light, and a beautiful view of the perfectly landscaped and terraced backyard through the rear windows. The spacious dining room features designer lighting and a dry bar with built-in cabinetry, granite countertops, and a wine cooler. This room is flanked by three large openings leading to the foyer, living room, and office/study. The cozy office is designed with two custom sliding barn doors that provide privacy when needed or can be left open to seamlessly connect with the kitchen and dining areas. The generous kitchen boasts granite countertops, a gas stove with a stainless steel hood, and stainless appliances. It opens up to the living room, which features a wood-burning fireplace with a gas starter, a brick hearth, and a custom wooden mantle. Enjoy views of the lovely garden through the kitchen window and French doors that lead to the back patio and yard. The open layout of the home is perfect for entertaining. On the opposite side of the house, youll find three bedrooms along a hallway. The primary bedroom is spacious and includes two closets and an ensuite bathroom with a beautifully custom-tiled shower. The two secondary bedrooms are bright and airy, sharing a fully renovated hallway bathroom with a tiled shower/tub and a large closet for ample storage. Additional features include a conveniently located two-car garage just off the kitchen, a beautifully landscaped backyard with a rock garden, colorful blooms, multiple seating areas, and a fire pit. The home also boasts a 3-zone Bryant heating and air system with newer ductwork and programmable thermostats, a tankless water heater, and a water filtration system. Freshly painted inside and out, with new lighting fixtures and lanterns by the front door, this meticulously maintained home is ready for its new owner.
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| Jun 14, 2024 | Listed | $785,000 | |
| Listed | |||
| Dec 9, 2020 | Sold | ||
| Sold | |||
| Nov 17, 2020 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017