12923 WATER POINT BOULEVARD
About This Property
Designed for both relaxation and entertaining, the home features an oversized bonus/game room and a detached private casita complete with a full bath-perfect for guests or a home office.
Step outside to your own private resort oasis featuring a breathtaking pool with multiple waterfalls, a grotto, slide, and custom lighting-all overlooking the tranquil waters of Lake Roberts. Enjoy boating, fishing, or simply taking in the serene sunsets from your private dock.
Additional highlights include a tile roof, lush landscaping, and the privacy and prestige of one of Windermere's most sought-after communities.
Experience the best of luxury lakefront living just minutes from world-class dining, shopping, and top-rated schools.
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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 |
|---|---|---|---|
| Mar 17, 2026 | Sold | ||
| Sold | |||
| Feb 27, 2026 | In contract | - | |
| In contract | |||
| Jan 18, 2026 | Price Decreased |
$2,750,000
↓ $250K
(8.3%) | |
| Price Decreased | |||
| Jan 12, 2026 | Relisted | $2,999,999 | |
| Relisted | |||
| Jan 7, 2026 | In contract | - | |
| In contract | |||
Property Highlights
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About Waterford Pointe
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017