850 Westmoreland Drive
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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 |
|---|---|---|---|
| May 20, 2021 | Sold | ||
| Sold | |||
| May 5, 2021 | Listed by EXP REALTY | $357,000 | |
| Listed by EXP REALTY | |||
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Glamorous home on a premium oversized canal view lot with an oversized 3 car garage! This floor plan was specifically built here to maximize the lot to its very highest and best use! Luxury kitchen w stainless steel appliances, designer accents, granite counter tops, custom light fixtures thru out. New Roof, Radiant barrier roof decking, low e vinyl windows and epoxy coated garage flooring. Large custom outdoor covered patio with views of canal fountain. Master bedroom is downstairs but currently being used as a sitting room. Multipurpose Media game room with added windows to maximize views of canal, premium sound system, stereo receiver in wall speakers and sub will stay with the home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017