8 WESTELM CIRCLE
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 |
|---|---|---|---|
| Aug 19, 2021 | No longer available | - | |
| No longer available | |||
| Jul 31, 2021 | Relisted | $875,000 | |
| Relisted | |||
| Jul 24, 2021 | No longer available | - | |
| No longer available | |||
| Jun 17, 2021 | Listed by Keller Williams Heritage | $850,000 | |
| Listed by Keller Williams Heritage | |||
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Renowned Builder, Roberto Kenigstien, planned this uniquely designed home in the guarded community of Elm Creek. Depending on what you desire, this can be a 4 bedroom home or a 3 bedroom with an office. The home is laid with marble and solid hardwood floors. A hint of nostalgia welcomes you in the entry with a step-down living room. Off to the left is the marble floored study/office or 4th bedroom and a wood laid master bedroom. Marble encases the tub, the rounded walk-in shower, and expansive his and hers vanities. Don't overlook the his-and-hers closets! After you enter the home, step to the right and see the separate dining room and the contemporary kitchen. The breakfast room, with a view of the garden and pool leads to the family room with a warming fireplace. Anytime is the best time to enjoy the lap-pool. Privacy surrounds the yard all year long. After you experience this home, you will know this is where you need to be. The manager has listed the unit size as 3680 square feet.
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| Oct 15, 2015 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017