11854 Watergate Circle
About This Property
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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%.
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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 6, 2021 | No longer available | - | |
| No longer available | |||
| Apr 3, 2020 | Sold | ||
| Sold | |||
| Mar 31, 2020 | In contract | - | |
| In contract | |||
| Mar 9, 2020 | Listed by Keller Williams Realty Boca Raton | $170,000 | |
| Listed by Keller Williams Realty Boca Raton | |||
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No land lease - You own the land!! No Homeowner Association!!! Spacious home with screened patio & back yard. Fenced on three sides and easily fenced on fourth. Original owner cared meticulously for this home. Dishwasher never used. Oven used a few times. Full size washer and dryer inside kitchen closet. Tons of storage as each bedroom has a walk in closet. Brand new carpet in two bedrooms. Third bedroom and living area has laminate with 21 year warranty. Brand new vinyl floor in kitchen and both bathrooms. Air conditioner new 2018. Shell Hurricane Awnings on all windows and front door. Back door has a clear hurricane panel. Metal Roof installed 2019 with transferable Lifetime warranty. Average FPL is $78 per month. Only home in community with in ground sprinklers on timer. The manager has listed the unit size as 1512 square feet.
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| Feb 18, 2020 | Listed by Keller Williams Realty Boca Raton | $170,000 | |
| Listed by Keller Williams Realty Boca Raton | |||
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About Watergate
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$3,800 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017