7538 Golf Course Drive S
About This Property
The walk-out basement apartment is a standout feature, complete with its own private entrance, full kitchen, living area, and bedroom and full bathroom. Whether you're seeking a true multi-generational setup, private quarters for extended guests, or an income-producing rental, this space delivers unmatched value and privacy. Home overlooks the first tee at Westport Golf Club, enjoy evenings and mornings on your screend-in porch while watching the golfers tee off.
Located in the heart of Westport, you're just moments from Westport Swim & Tennis Club with optional memberships for swimming, tennis, pickleball, fitness, and social events. Commuting is effortless with quick access to Business 16 and the new Highway 16, placing Charlotte, the airport, and Lake Norman amenities within easy reach. Public boat launches are just minutes away for boating, fishing, paddleboarding, or sunset cruising.
This home delivers the lifestyle buyers want today-flexible living spaces, modern updates, and an unbeatable golf-course setting-all at an improved price. Don't forget, brand new roof April 2026, retaining wall repair (2026) and new granite countertops
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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 1, 2026 | Sold | ||
| Sold | |||
| Sep 5, 2026 | In contract | - | |
| In contract | |||
| Sep 2, 2026 | Price Decreased |
$599,000
↓ $26K
(4.2%) | |
| Price Decreased | |||
| Jul 12, 2026 | Price Decreased |
$625,000
↓ $50K
(7.4%) | |
| Price Decreased | |||
| Jun 24, 2026 | Price Decreased |
$675,000
↓ $50K
(6.9%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017