161 WATERSTONE LOOP
About This Property
private suite including a bedroom, full bath, and separate living space. As you continue down the foyer past the powder room, the home's
open floor plan is put on display featuring an expansive great room that seamlessly flows into the dining nook and upgraded kitchen,
complete with a center island with quartz countertops and 42" upper cabinets. Upstairs, the primary suite includes a massive walk-in closet
and an en-suite bath with dual sinks. Three additional bedrooms share a full bath, and a central loft provides flexible space for everyday
living. A second-floor laundry room adds ease and efficiency to complete the home's layout. Don't miss the opportunity to make this home
yours today! Special financing rates and closing cost assistance may be available. Options may vary by community and offers are available on select homes only. Contact builder for more information!
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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 |
|---|---|---|---|
| Aug 28, 2026 | Price Decreased |
$459,999
↓ $16K
(3.3%) | |
| Price Decreased | |||
| Jul 20, 2026 | Listed by AXEN REALTY, LLC | $475,711 | |
| Listed by AXEN REALTY, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017