128 Clear Water PASS
About This Property
Designed for both everyday comfort and entertaining, the home features an open-concept layout, spacious kitchen with a large island, dedicated office, and private primary suite with a soaking tub, walk-in shower, and oversized closet. Outside, enjoy your own backyard retreat complete with a covered patio, outdoor kitchen, and stone fireplace.
The adjacent lot offers additional privacy and exciting potential for future development, subject to applicable approvals and restrictions. As an added bonus, residents enjoy access to three HOA-maintained trails leading directly to the Colorado River.
Two lots, endless possibilities, and a backyard you'll never want to leave. Schedule your private showing and see what makes this property truly special!
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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 1, 2026 | Price Decreased |
$574,990
↓ $15K
(2.5%) | |
| Price Decreased | |||
| Aug 14, 2026 | Price Decreased |
$589,990
↓ $10K
(1.7%) | |
| Price Decreased | |||
| Jul 15, 2026 | Price Decreased |
$599,990
↓ $25K
(4%) | |
| Price Decreased | |||
| Jun 26, 2026 | Listed by eXp Realty, LLC | $624,990 | |
| Listed by eXp Realty, LLC | |||
| Feb 10, 2022 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017