1150 Watts Estates
About This Property
Interior was professionally repainted within the last year and includes wood flooring and custom designer paint in the living and dining rooms. A gas fireplace adds warmth and elegance to the dining area. Additional upgrades include new blinds and an Aquasana Rhino Max whole-house water filtration system.
Outdoor amenities include an in-ground pool, new Jacuzzi hot tub on a freshly poured concrete pad, and three mature fruit trees, fig, apricot, and plum. Extended driveway offers ample space suitable for RV parking.
Home is move-in ready with washer and dryer included, plus a second stainless steel refrigerator in the laundry room.
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Cap Rate Calculator
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 22, 2026 | Price Decreased |
$725,000
↓ $20K
(2.7%) | |
| Price Decreased | |||
| Oct 10, 2026 | Price Decreased |
$744,900
↓ $10K
(1.3%) | |
| Price Decreased | |||
| Sep 29, 2026 | Price Decreased |
$754,900
↓ $5K
(0.7%) | |
| Price Decreased | |||
| Aug 14, 2026 | Listed by Re/Max American Dream Realty | $759,900 | |
| Listed by Re/Max American Dream Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017