1983 Cayman Dr
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%.
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 30, 2025 | Sold | ||
| Sold | |||
| Jun 11, 2025 | Listed | $725,000 | |
| Listed | |||
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This perfect ranch plan in Water Valley offers all main level living, and is just a quick jaunt in a golf cart from the pool, sand beach, golf, fitness center, and restaurants (membership optional). Lush landscaping adorns the exterior of this modern craftsman style home with a covered front porch. Inside, beautifully curated finishes are sure to impress, including hand-scraped engineered hardwood floors, wrought iron balusters, vaulted ceilings, and a stunning kitchen with an island and peninsula ideal for entertaining - including a drink fridge and ice-maker. The living room opens to the back deck, and is bathed in warm natural light and anchored with a cozy gas fireplace, flanked with thoughtful built-ins. The primary suite boasts a steam shower and spacious walk-in closet and is intelligently placed away from the other main level bedrooms. The finished basement has a theater room, as well as an additional bedroom, bathroom, and living space adjoined with a wet bar to be envied! The backyard provides plenty of room to relax, play, or garden, with a deck ideal for summer evenings under the stars. Water Valley is known for its parks, lakes, and trails! Canoe, fish, paddle board, or swim/bike/run and soak in that resort lifestyle everyday!
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| Aug 30, 2017 | Sold | ||
| Sold | |||
| Jul 6, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017