5602 Westerham Street
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 |
|---|---|---|---|
| Nov 15, 2024 | Sold | ||
| Sold | |||
| Sep 27, 2024 | In contract | - | |
| In contract | |||
| Aug 20, 2024 | No longer available | - | |
| No longer available | |||
| Aug 20, 2024 | Listed by Keller Williams Realty Southwest | $330,000 | |
| Listed by Keller Williams Realty Southwest | |||
| | |||
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Priced at Appraisal Value! Spectacular lot located in the Premier master-planned community of Weston Lakes. Imagine your dream home on this water front lot with amazing views. The back of the lot slopes toward the water where you can enjoy a peaceful evening, or build a dock and utilize a non-motorized vehicle on the lake. So many amenities including the Weston Lakes Country Club, multiple pools, tennis, golf and pickleball and more! All this with manned security gates. Highly ranked Lamar CISD schools. It's time to make YOUR DREAM a reality... You're allowed to choose your own builder in this neighborhood. LOW tax base with easy access to I-10, U.S. 59, TX-99 and the Westpark Tollway.
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| Aug 11, 2024 | Withdrawn | - | |
| Withdrawn | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017