11718 Deepwater Ridge 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 |
|---|---|---|---|
| May 20, 2022 | Sold | ||
| Sold | |||
| Apr 5, 2022 | Listed by Keller Williams Professionals | $600,000 | |
| Listed by Keller Williams Professionals | |||
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Beautifully maintained Newmark home located on a private lot within walking distance to lake, day dock. This gorgeous home offers an open concept with soaring ceilings, floor-to-ceiling windows, upgraded flooring throughout, and modern light fixtures. The dream kitchen has quartz countertops, a beautiful island open to breakfast and family room. Master suite features double vanities, seamless glass shower, separate soaking tub, and an oversized closet with direct access to the laundry room. Upstairs you will find an extra-large game room, theater room, 2 bedrooms share a popular jack and jill bathroom, and another bedroom with a bathroom for your guest. Continue outside to your private covered back patio to enjoy lake views, along with ample space for future pool and playset. Towne Lake amenities include community pool, club house, exercise facilities, as well as a beach, water park, marina, walking trails, and the Boardwalk at Towne Lake all within walking distance to your new home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017