1055 Waterfall Way
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 |
|---|---|---|---|
| Oct 15, 2025 | Sold | ||
| Sold | |||
| Sep 29, 2025 | In contract | - | |
| In contract | |||
| May 19, 2025 | Listed by Century 21 Mike Bowman, Inc. | $55,000 | |
| Listed by Century 21 Mike Bowman, Inc. | |||
| Jan 16, 2020 | Sold | ||
| Sold | |||
| Sep 20, 2019 | Listed by Williams Trew Real Estate | $33,000 | |
| Listed by Williams Trew Real Estate | |||
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Fantastic value! Build your Possum Kingdom getaway on this large lot in a great location in the Harbor subdivision with abundant amenities for the whole family. This lot is next door to two very nice water features--the Harbor roundabout and one of the stocked fishing holes in The Harbor; the latter with a spacious area to relax & enjoy day or night . . . with a large firepit. It is also a very short walk to the main pool and short golf cart ride to The Scenic Point Grille and marina. You'll enjoy all the beautiful water features and amenities in The Harbor including walk trails, the country chapel, tennis, sand volleyball, a putting green, covered bridge, playground and lots of wildlife - deer, turkey & more.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017