6650 Werner Lane
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 |
|---|---|---|---|
| Jul 16, 2025 | Listed | $625,000 | |
| Listed | |||
| | |||
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Discover the perfect lakefront retreat with a screened-in pool and Southeast exposure. This inviting home features spacious living areas, a gourmet kitchen with 42-inch cabinets, and a luxurious master suite with den, Roman tub, and walk-in closet. Enjoy cozy evenings by the gas fireplace and stunning lake views from your private backyard. Freshly painted in neutral tones, close to amenities, and set in a gated community with clubhouse, pool, gym, and tennis courts. Lawn care and cable included.
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| Feb 11, 2020 | Sold | ||
| Sold | |||
| Oct 25, 2019 | Listed by RE/MAX Advantage Plus | $409,000 | |
| Listed by RE/MAX Advantage Plus | |||
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About Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017