151 Waterfront Drive
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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 |
|---|---|---|---|
| Jun 11, 2021 | Sold | ||
| Sold | |||
| Apr 19, 2021 | Listed by Abby Realty | $1,895,000 | |
| Listed by Abby Realty | |||
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Majestic 2-story lakefront home well maintained sits on a solid concrete pier-and-beam foundation in gated Walden. Gorgeous expensive slate floors & expansive ceiling height define a huge open living area & den. Kitchen & dining open to main living areas. Impressive theater-style media room, unique open-concept study & back patio balcony above screened-in porch. Large plate glass windows allow view of the tiered pool/spa area & one of the best lake views on Lake Conroe! Steel bulkhead and dual boat slips. Primary BR down, 4 BRs upstairs. MORE!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017