7014 WESTBURY
About This Property
3317 Sq. Ft House built in 1960 on .38 acres in Westbury Heights.
3 bedrooms and 2 full baths (one with a skylight) on the main level. There is a 4th bedroom, 3rd full bath, large laundry and utility room, rand ear load 1-car garage on the lower level.
Main level hardwood floors under the wall to wall carpeting.
2-sided brick gas fireplace shared by the kitchen breakfast area and the living room.
Large windows and natural light illuminate this very pleasant home throughout.
There are hardwood floors under the wall to wall carpeting on the main level hall. There is a two-sided brick gas fireplace shared by the kitchen breakfast area and the living room. Large windows and natural light illuminate this very pleasant home throughout.
The living room and dining room open to a large addition with floor to ceiling glass, vaulted ceiling, and ceiling fan.
A second addition with glass walls, vaulted ceiling and ceiling fan is off of a main level bedroom.
The lower level has a large recreation room with brick wood burning fireplace. This room has sliding glass doors to a large patio and the back yard.
1 Gas log fireplace and 1 wood fireplace (neither have been used in the past 15 years).
Updates
2020 New sewer line.
2019 New air conditioner 2 new smoke and carbon monoxide detectors with a 10 year warranty, new hot water heater, chimney, facia board, caulk & seal, feeder spikes, backyard flood light, boot vents, gutters sealed
2018 New Vivant Solar Panel system, new attic insulation
2017 New hot water baseboard heating system, Replaced electric panel
2016 New pvc pipe for air conditioning
2013 gas boiler
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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%.
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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 McLean
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017