55 Westgate Road
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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 |
|---|---|---|---|
| Mar 4, 2021 | Sold | ||
| Sold | |||
| Dec 31, 2020 | In contract | - | |
| In contract | |||
| Aug 14, 2020 | Listed by Daniel Gale Associates Inc | $3,250,000 | |
| Listed by Daniel Gale Associates Inc | |||
| Jul 30, 2017 | Listed | $2,998,000 | |
| Listed | |||
| | |||
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Muttontown Stone Hill Gated Community. Rare! Master On The Main Floor With Private Loft. Soaring Ceilings Architectural Details, Open Floor Plan, Vaulted Living Room, 2 Story Stone Fireplace Family Room, Brazilian Cherry Wood Floors Gourmet Kitchen Grand Center Island, Breakfast Room, Exercise/Guest Room Bath Dramatic Balcony Overlooks Main Level 3 Bedrooms En Suite BthsThe manager has listed the unit size as 5645 square feet.
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| Dec 11, 2007 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017