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1510 NW 97th Ter
About This Property
Tucked in a sought-after non-HOA neighborhood on over a quarter-acre lot, this stunning 4-bedroom, 3.5-bath waterfront residence offers the space, privacy, and lifestyle that rarely comes available. Soaring volume ceilings, sun-drenched skylights, and a working fireplace create an atmosphere that feels grand yet effortlessly inviting - while canal views visible from nearly every room set the perfect backdrop for everyday living.
Impact glass sliding doors open to your private outdoor oasis: a heated below-ground pool and spa designed for year-round entertaining and relaxation. The split floor plan delivers over 2,700 sq ft under air, with a secluded primary suite, a spa-inspired bath featuring a soaking tub and separate shower, and an adjacent office/den perfect for working from home. Upgraded porcelain tile, engineered laminate flooring, a renovated kitchen, and updated bathrooms throughout complete the picture.
No HOA. Waterfront views. Endless upgrades.
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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.
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About University Drive
Similar Homes for Sale
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$8,250 /mo
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$8,900 /mo
- 5 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017