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12 Waterman Rd
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 |
|---|---|---|---|
| Oct 14, 2026 | In contract | - | |
| In contract | |||
| Sep 30, 2026 | Listed by NE Real Estate Services | $450,000 | |
| Listed by NE Real Estate Services | |||
| Sep 25, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 9, 2026 | Listed by NE Real Estate Services | $489,900 | |
| Listed by NE Real Estate Services | |||
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Welcome to 12 Waterman Road, a well-maintained 3-bedroom home offering a great layout on a level lot. Built in 1962, this inviting property combines classic character with thoughtful recent upgrades designed for everyday comfort, efficiency, and convenience. Master bedroom and bath on the first floor. Updates include refinished hardwood floors;new vinyl plank flooring; upgraded 200-amp electrical panel; recessed lighting; freshly painted living room, mudroom, and upstairs bedrooms; Samsung heat pump/mini-split systems in the upstairs bedrooms, and Mass Save whole-house energy improvements—including attic and basement insulation, air sealing, and exterior-door sealing. A radon mitigation system was installed in 2025, and a new outdoor shed was added in 2024. Smart-home features included with the sale are a Nest thermostat, Nest WiFi-enabled smoke and carbon monoxide alarms, and exterior Ring floodlight cameras. These devices may be monitored through their respective apps and transferred to the new owners. Additional highlights include an oversized attached two-car garage, a flat backyard with room to enjoy and personalize, public sewer, convenient Auburn location with easy access to area amenities, commuter routes, shopping, and dining.
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| Jan 11, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017