1283 Creekside Drive
About This Property
Tucked into a quiet cul-de-sac, this home features two bedrooms and a full bathroom on the main level, plus additional finished living space, a second bathroom, and a versatile bonus room downstairs-perfect for a home office, playroom, guest space, hobby room, or whatever fits your needs.
Enjoy the large fenced backyard with a deck, offering plenty of room to entertain, garden, play, or simply relax. The home also offers an attached garage and no HOA.
With a new roof, furnace, and water heater, plus recent AC service-all completed in 2026-many of the major homeownership expenses have already been addressed. The deck was also recently stained and includes a replaced deck board, adding to the home's recent updates.
Conveniently located near parks, walking paths, schools, and everything Waconia has to offer. Come see how this home can work for you!
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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 |
|---|---|---|---|
| Sep 26, 2026 | Price Decreased |
$329,900
↓ $5K
(1.5%) | |
| Price Decreased | |||
| Sep 23, 2026 | Price Decreased |
$334,900
↓ $2K
(0.6%) | |
| Price Decreased | |||
| Aug 30, 2026 | Listed by Savvy Avenue, LLC | $336,900 | |
| Listed by Savvy Avenue, LLC | |||
| Jul 16, 2021 | Sold | ||
| Sold | |||
| Oct 18, 2011 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017