624 Annapolis Drive
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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 |
|---|---|---|---|
| Oct 19, 2021 | Sold | ||
| Sold | |||
| Aug 19, 2021 | Listed by Coldwell Banker Apex, REALTORS | $225,000 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
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Adorable 3 bed,2 bath home in fabulous established neighborhood close to Lockheed Martin, highways and shopping is ready for your updates and finishing touches. This home has the potential to impress. Kitchen with large bar and breakfast room. Open floor plan w wood-burning fireplace, spacious bedrooms, huge closets, and wood flooring throughout. Huge backyard w storage shed and fabulous covered patio for entertaining. This precious home only needs cosmetic updates to make this like new. Would be a great rental or investment property. Recent foundation repair and transferrable warranty- July 2021 and HVAC 3 years old.
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About Westpoint
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$2,650 /mo
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$1,450 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017