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5442 Starfish Road
About This Property
$100,000 of upgrades and custom luxury features, covered screened in lanai leads to extended paver patio w/a 22x10 custom next to none extended tiki hut w/comfort from sun/rain & spectacular tranquil lake views w/additional paver patios, fenced in rear yard, professionally landscaped, abundance of recessed lights, upgraded Quartz counters in all baths & kitchen, Gourmet chef's kitchen w/10 lighted museum glass cabinets & undermounted lighting, all G.E. stainless steel appliances, Upgraded GE Gas stove/oven, upgraded flooring thru out, upgraded base & crown moldings thru out, Nest thermostat, upgraded 2 panel 8ft doors thru out, master bath shower w/custom floor to ceiling glass tiles, all impact windows doors, sliders and garage door, to many upgrades to lis. Westlake's Adventure Park offers an array of resort-style amenities, making it an upcoming hotspot. Key features include a food truck court, event lawn, and concert pavilion, which cater to community gatherings and entertainment. Outdoor enthusiasts will enjoy the pump park bike course, BBQ grills with picnic areas, an adventure playground, basketball courts, and a variety of lawn games. For water activities, there is a splash pad, a lagoon pool with a tower slide, and an adult pool. Additional facilities include a snack shack and ice cream parlor, bocce ball, a state-of-the-art fitness center, and Euro Park. Pet owners will appreciate the dedicated paw park. The area is also known for its top-rated schools and is conveniently located near shopping, restaurants, and parks, making it a vibrant community perfect for families and individuals alike.
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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%.
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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.
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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 23, 2024 | Sold | ||
| Sold | |||
| Apr 15, 2024 | Listed by NextHome Real Estate Executives | $609,900 | |
| Listed by NextHome Real Estate Executives | |||
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About The Acreage
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$3,250 /mo
- 3 Beds
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- 1,540 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017