112 Cannonball Lane
About This Property
Watersound Origins offers residents the perfect combination of natural beauty and modern amenities. Surrounded by towering pines and Lake Powell, the community is only two miles from the vibrant beaches of Scenic Highway 30A. The Village Commons serves as the neighborhood hub, featuring a resort-style pool, fitness center, playground, pickleball and tennis courts, and an event lawn. Residents enjoy access to the highly rated Origins Golf Course, scenic walking and biking trails, Lake Powell access, and the upcoming Art Park. Additionally, the Watersound Town Center at the entrance to the community offers dining, shopping, a Publix grocery store, medical facilities, and more.
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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 |
|---|---|---|---|
| Jul 10, 2026 | Listed by Scenic Sotheby's International Realty | $1,090,000 | |
| Listed by Scenic Sotheby's International Realty | |||
| Apr 28, 2021 | Sold | ||
| Sold | |||
| Feb 24, 2015 | Sold | ||
| Sold | |||
| Jun 11, 2014 | Listed by Scenic Sotheby's International Realty | $478,850 | |
| Listed by Scenic Sotheby's International Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017