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57 CARROLL STREET
About This Property
Welcome to 57 Carroll Street-where character, convenience, and care come together right in the heart of downtown Westminster.
This 4-bedroom home has been thoughtfully updated over the years, featuring a refreshed kitchen, two updated bathrooms, and the rare bonus of main-level laundry for everyday ease. The space flows comfortably, with a bright and inviting sunroom that quickly becomes a favorite spot for morning coffee or winding down at the end of the day.
Outside, the property really separates itself. Off-street parking for 6+ vehicles is almost unheard of this close to Main Street-yet here it is. The backyard offers a private retreat with mature landscaping and a unique koi pond that adds a peaceful, one-of-a-kind touch.
Lovingly maintained by the same owner for over 24 years, this home reflects pride of ownership at every turn. Just steps from shops, dining, and everything downtown Westminster has to offer, it's a rare opportunity to get space, parking, and charm-all in one location.
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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.
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About Westminster
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017