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Map
1827 Waterway Drive
About This Property
Multi-Generational living with dual living quarters and entrances! Over an acre with a clear, spring-fed creek and exceptional privacy. Brick exterior with wide, gracious porches ideal for quiet mornings and inviting outdoor living. Meticulously clean and maintained, this thoughtfully designed home with charming upgrades throughout. Stunning chef's kitchen featuring expansive granite countertops, copper farmhouse sink, touch-free stainless appliances, farmhouse-door pantry, and 42'' cabinetry. Bright, well-appointed laundry room with custom built-ins, granite surfaces, and space for a freezer. Includes two living areas, 5 spacious bedrooms plus office, 3 full baths, and 1 half bath--offering space, and timeless character.
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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.
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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 24, 2026 | Price Decreased |
$574,900
↓ $4K
(0.7%) | |
| Price Decreased | |||
| May 17, 2026 | Listed by Spence Properties | $579,000 | |
| Listed by Spence Properties | |||
| Jul 9, 2025 | Price Decreased |
$649,900
↓ $45K
(6.5%) | |
| Price Decreased | |||
| May 26, 2025 | Listed | $695,000 | |
| Listed | |||
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Expansive sprawling home with a clear spring-fed creek on MORE than an acre. Custom built flowing over 2 levels, upgrades galore. Brick and sided craftsman style with wide inviting porches; for calm mornings and evenings surrounded by nature and birdsong. Ultra-private feel, the laying chickens can stay! Kitchen is dreamy and huge. Yards of granite tops, copper farmhouse sink, touch-free stainless appliances, farm-door pantry, 42 inch upper cabinets. Laundry room features built-in cabinetry, granite top, room for a freezer and is sunny and bright. Two living rooms, 5 large bedrooms PLUS bonus office, 3 full baths and additional 1/2 bath for guests. Split floor-plan, master suite is on the primary floor, along with 2 additional bedrooms with a jack-n-jill bath, and additional 1/2 bath. Home has walk out basement style lower floor with additional living/flex, office, 2 bedrooms and full bath. Modern stained woodwork, wood inlaid trey ceilings, ceiling fans, exterior fans, exterior shower, RV 50 amp plug and parking. Bonus size garage with additional 15x 17 garage workshop. Two A/C units, whole home water filter, 80 gallon Water heater, Spray-foam insulation, underground utilities, French drains, no carpet and natural landscaping make this home a low-maintenance dream! NO HOA
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| Nov 30, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017