11 Watertree 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 |
|---|---|---|---|
| Oct 21, 2024 | Sold | ||
| Sold | |||
| Oct 1, 2024 | In contract | - | |
| In contract | |||
| Sep 26, 2024 | No longer available | - | |
| No longer available | |||
| Sep 25, 2024 | Listed by eXp Realty LLC | $2,375,000 | |
| Listed by eXp Realty LLC | |||
| | |||
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NEVER FLOODED! Completely remodeled and reconstructed custom home offering designer finishes & unparallelled craftmanship throughout! Located on a rare, 2.155 acre lot that can be customized to fit your lifestyle, this home offers a gated entry, circular drive, irrigation system, painted brick exterior, new roof, tennis/pickleball court, remodeled saltwater pool, all new windows, fresh interior paint, wide plank white oak hardwood floors, designer lighting, upgraded electrical & all new plumbing names a few of the highlights! Magnificent dual staircase in the foyer; sky high ceiling heights in the formal living room w/gas fireplace & wet bar w/ice maker & wine fridge. Extravagant kitchen w/enormous leathered quartzite island, high-end appliances, soft close custom cabinetry & walk-in pantry opens to the breakfast room & den; owner's retreat & 2nd bedroom down; 3 bedrooms (2 w/lofts), game room (or media) & study w/balcony up; 3 car garage w/epoxy floor.
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| Sep 4, 2024 | Price Decreased |
$2,449,900
↓ $49K
(2%) | |
| Price Decreased | |||
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About The Woodlands
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017