132 Waterstone Drive
About This Property
4 bedrooms, 3.5 baths, AN ADDITIONAL OFFICE/STUDIO NOT SHOWN IN PHOTOS, a gameroom, and 2.5 garage spaces. The open living/dining/kitchen area is grand yet comfortable. Natural light flows softly through the rooms. The living room's wall of windows offers a full-scale view of the swimming pool and verdant greenery beyond.
Kitchen: enviable island, gas cooking, stainless appliances, a double oven, and walk-in pantry.
The sellers have painstakingly enhanced the home. This list includes a recent roof, two water heaters, water softener, water filtration system, updated lighting in and out, custom shutters, and fresh paint. They also enlisted a builder to take a portion of the third-car bay to create an incredible office/studio. Be sure to request a list from your Realtor.
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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 |
|---|---|---|---|
| May 17, 2023 | Sold | ||
| Sold | |||
| Apr 14, 2023 | Listed by Horizon Realty | $635,000 | |
| Listed by Horizon Realty | |||
| Aug 31, 2020 | Sold | ||
| Sold | |||
| Jul 17, 2020 | Listed by RE/MAX Elite Properties | $450,000 | |
| Listed by RE/MAX Elite Properties | |||
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Welcome home to this incredible 1.5 story brick and stone home that will take your breath away. As you enter the home you will notice the abundant amount of natural light coming from the back of the home that overlooks the pool and ravine below. Features include an over-sized island with sink and lots of storage, custom 42" cabinets, Bosch stainless steel double oven, gas cook top, high ceilings, crown molding, master bedroom that overlooks the pool and green space, surround sound in living area, vaulted back patio, jetted tub with separate shower, walk-in closet, large game room, utility room with sink, sprinkler system, 3 car garage and the list goes on.
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About Montgomery
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Last Updated: 5 months ago
Data Source: HAR , MLS# 29470382
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017