7624 Westgate
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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.
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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 |
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| Dec 20, 2024 | Sold | ||
| Sold | |||
| Nov 16, 2024 | In contract | - | |
| In contract | |||
| Oct 24, 2024 | Listed by Coldwell Banker Realty Frisco | $595,000 | |
| Listed by Coldwell Banker Realty Frisco | |||
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Welcome to 7624 Westgate, a beautifully updated home in The Colony’s premier lakeside community, The Tribute. This spacious property perfectly balances modern elegance with comfort, making it ideal for anyone seeking a home designed for relaxation and enjoyment.
Upon entry, you’re greeted by an open-concept living area bathed in natural light, creating a welcoming space for gatherings and everyday living. The updated kitchen features sleek granite countertops, stainless steel appliances, and abundant cabinetry, a dream for anyone who loves to cook and entertain.
The primary suite offers a private sanctuary with a large walk-in closet and a spa-like en-suite bathroom. Additional bedrooms are spacious, with options for a home office or guest accommodations. Outside, enjoy a beautifully landscaped backyard with a covered patio, ideal for Texas evenings spent unwinding or hosting friends.
Living in The Tribute comes with exceptional amenities that make it feel like a year-round retreat. Residents enjoy access to two award-winning golf courses, miles of scenic hiking and biking trails along Lake Lewisville, resort-style pools, splash pads, playgrounds, and an on-site kayak launch for lakeside adventures. The Tribute also boasts an elegant clubhouse, fitness center, dog park, and award-winning STEM schools within the community.
7624 Westgate isn't just a home—it's your gateway to a vibrant, resort-style lifestyle in one of The Colony’s most sought-after communities.
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| Aug 19, 2022 | Sold | ||
| Sold | |||
| Jun 22, 2022 | Listed by Brent King Group | $589,000 | |
| Listed by Brent King Group | |||
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Rare opportunity in sought after Tribute Resort Style Golf Community on Lake Lewisville with Exclusive access to Waterford Point Clubhouse and Pool. Private home with open kitchen that includes granite counters, stainless steel appliances, 5-burner gas cooktop, and large island with breakfast bar. Lots of storage with soft close drawers and cabinets. Kitchen, living and dining all have views of the Oversize back yard. Warm living area includes gas fireplace at the touch of a switch. Engineered wood flooring, and plantation shutters- just to mention a few of the upgrades. Primary bedroom with bay windows and high ceilings, bath includes double sink vanity, walk in shower, and retro fitted primary walk in closet system. Outside covered patio on premium lot make for a perfect private setting. Over-sized 2 car garage to fit golf cart. Pickle ball courts, pool with stunning lake views, work-out center, walking and biking trails. Easy access to excellent shopping and dining in Frisco.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017