1303 Watersound Way
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 6, 2021 | No longer available | - | |
| No longer available | |||
| Sep 10, 2021 | Sold | ||
| Sold | |||
| Jul 23, 2021 | Listed by RE/MAX Rising | $409,900 | |
| Listed by RE/MAX Rising | |||
| Jan 18, 2021 | Listed | $372,500 | |
| Listed | |||
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Entertainers dream - 5 beds, 3.5 baths, gorgeous remodeled kitchen in 2020 with quartz counter tops, all generous size bedrooms, finished basement has wet bar, family room and flex space (currently used for billiards and exercise space). The fully fenced in yard has half court basketball court, covered deck, built in storage and grill, and the new 12' swim spa is negotiable. The manager has listed the unit size as 4114 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017