7 WESTFALLS LANE
About This Property
The large primary bedroom offers an ensuite bath, walk-in closet, and sliders to the pool, while two guest bedrooms and a shared bath are thoughtfully positioned on the opposite side of the home for added privacy. A spacious 2-car garage includes a laundry center, keeping noise away from the living areas and helping maintain a cool & serene environment.
Nestled just 6 miles from the beach, this lovely neighborhood boasts a golf course, restaurant, pool, and banquet facilities-perfect for enjoying the Florida lifestyle. Experience affordable, country-club-style living without the high membership costs, and NO HOA FEES!
* Come Home to Paradise!
New Air Conditioning System - 2022 / New Roof 2014 /New White Vinyl Fence 2021 / New Pool Heater 2021 / New Stove & Dishwasher 2023
*Surveillance On Site - Visual & Audio*
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Cap Rate Calculator
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 26, 2025 | Sold | ||
| Sold | |||
| Mar 14, 2025 | In contract | - | |
| In contract | |||
| Feb 17, 2025 | Price Decreased |
$329,000
↓ $18K
(5.2%) | |
| Price Decreased | |||
| Jan 11, 2025 | Price Decreased |
$347,000
↓ $7K
(2%) | |
| Price Decreased | |||
| Dec 6, 2024 | Price Decreased |
$353,900
↓ $11K
(3%) | |
| Price Decreased | |||
Property Highlights
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About Pine Lakes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017