16967 Waterbend Drive #240
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%.
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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 |
|---|---|---|---|
| Nov 14, 2023 | Sold | ||
| Sold | |||
| Apr 10, 2023 | Listed by Waterfront Properties & Club C | $640,000 | |
| Listed by Waterfront Properties & Club C | |||
| Sep 15, 2022 | Sold | ||
| Sold | |||
| Jul 8, 2022 | Listed by Jonathan's Resales & Rentals | $695,000 | |
| Listed by Jonathan's Resales & Rentals | |||
| | |||
|
Fantastic long lake view with a West exposure makes this a bright unit with beautiful views of the sunset. Open floor plan with renovated bathrooms. Fully furnished including a golf cart makes this a move in ready condo. AC only 2 years old.
| |||
| Dec 4, 2015 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/28/2024
|
3 Bed
|
2 Bath
|
1818 ft²
|
$680,000
3 Bed
2 Bath
1818 ft²
|
$660,000
-2.94%
07/09/2024
|
Paul Thomas Stockall
Compass Florida LLC
| |
|
04/10/2023
|
2 Bed
|
2 Bath
|
1522 ft²
|
$640,000
2 Bed
2 Bath
1522 ft²
|
$620,000
-3.13%
11/14/2023
|
Steven Condit
Waterfront Properties & Club C
| |
|
07/08/2022
|
2 Bed
|
2 Bath
|
1522 ft²
|
$695,000
2 Bed
2 Bath
1522 ft²
|
$682,000
-1.87%
09/15/2022
|
Michael D Cembura
Jonathan's Resales & Rentals
| |
|
06/08/2022
|
2 Bed
|
2 Bath
|
1642 ft²
|
$700,000
2 Bed
2 Bath
1642 ft²
|
-
-
|
Jeffrey M Lichtenstein
Echo Fine Properties
| |
|
01/06/2020
|
2 Bed
|
2 Bath
|
1818 ft²
|
$419,000
2 Bed
2 Bath
1818 ft²
|
$405,000
-3.34%
04/28/2020
|
Paul Thomas Stockall
Illustrated Properties LLC (Jupiter)
| |
|
11/16/2019
|
2 Bed
|
2 Bath
|
1452 ft²
|
$319,000
2 Bed
2 Bath
1452 ft²
|
$292,500
-8.31%
01/23/2020
|
Sara M. Crombie
Compass Florida LLC
| |
|
04/07/2017
|
2 Bed
|
2 Bath
|
1320 ft²
|
$324,000
2 Bed
2 Bath
1320 ft²
|
$321,000
-0.93%
05/24/2017
|
Amy Bissonnette PA
EXP Realty, LLC
| |
|
02/26/2016
|
2 Bed
|
2 Bath
|
1452 ft²
|
$365,000
2 Bed
2 Bath
1452 ft²
|
$357,000
-2.19%
07/29/2016
|
Laura Menard
RE/MAX Direct
| |
|
08/11/2015
|
2 Bed
|
2 Bath
|
1413 ft²
|
$369,900
2 Bed
2 Bath
1413 ft²
|
$365,000
-1.32%
12/04/2015
|
Angela D Howison
Serhant
| |
|
11/03/2014
|
2 Bed
|
2 Bath
|
1413 ft²
|
$279,000
2 Bed
2 Bath
1413 ft²
|
$250,000
-10.39%
05/29/2015
|
Michael D Cembura
Jonathan's Resales & Rentals
| |
|
08/07/2014
|
3 Bed
|
2 Bath
|
1818 ft²
|
$310,000
3 Bed
2 Bath
1818 ft²
|
$305,000
-1.61%
03/16/2015
|
Nicholas Chris Meligonis
Paradise Real Estate Intl
|
Building Info
About Jonathan's Landing
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$5,000 /mo
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- 1,470 ft²
$6,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017