For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
$331,000
● Condo - Off Market

1 #124 Watermill Place #124

bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,021 Ft²
$640,928
RealtyHop Estimate
100.29%
Since Sep 1, 2004
National-US
Primary Model

About This Property

Lovely two bedroom, two bath located in Arlington Heights @ Watermill Place. Sunny and spacious, near bike path, shopping and transportation. Deeded underground parking #174.
Unit Size
1,021 Ft²
Days on Market
-
Land Size
-
Price per sqft
$313
Property Type
Condo
Property Taxes
$243
HOA Dues
$291
Year Built
-

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 4 years ago (MLSPIN #70055235)

Price History

Date / Event Date Event Price
Aug 2, 2004 Sold
Premium
Sold
Jun 25, 2004 Listed by William Raveis R.E. & Home Services $320,000
Listed by William Raveis R.E. & Home Services

Property Highlights

Interior Details
Level: First
Level: First
Features: Flooring - Hardwood
Features: Flooring - Hardwood
Level: First
Features: Walk-In Closet(s), Flooring - Hardwood
Level: First
Level: First
Features: Flooring - Hardwood
Features: Yes
Full Bathrooms: 2
Appliances: Range, Dishwasher, Countertop Range, Refrigerator, Washer, Dryer, Electric Water Heater, Utility Connections for Electric Range
Flooring Type: Wood, Tile
Rooms: 4
Basement: N
Parking Details
Has Garage
Attached Garage
Parking Features: Under, Garage Door Opener, Deeded
Garage Spaces: 1
Exterior Details
Entry Level: 1
Security Features: Intercom
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Watermill Place
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Brick
Patio and Porch Features: Deck
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: Res.
Parcel Number: 324257
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $274,200
Tax Annual Amount: $2,917
Utilities Details
Utilities: for Electric Range
Cooling Type: Unit Control
Heating Type: Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Security, Maintenance Structure, Snow Removal
HOA/Condo/Coop Amenities: Fitness Center, Storage
HOA Fee: $291
Community Features: Public Transportation, Shopping, Walk/Jog Trails
Complex is Completed
Management: Professional - Off Site

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

Similar Homes for Sale

Currently no similar homes around
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 70055235
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know