2 Waves PLACE
About This Property
This home has all the upgrades you could possibly want. Custom three-bedroom two bath home in quiet subdivision of Pine Lakes
This home features metal roof and wood-look tile flooring throughout main areas, plantation shutters, crown molding, chef's kitchen with soft close cabinets, pull outs and suspension shelves, quartz counters and 9-foot quartz island. The cafe nook has fixed mitered glass overlooking the pool area.
The separate living room, dining room, and family room all have double tray ceilings with accent lighting.
Spacious 16 x 14 owners suite has walk in closet, tray ceilings with accent lighting and double doors to pool area.
The ensuite bathroom has double quartz vanities, large walk-in tile, shower and glass block windows for extra lighting,
Step outside to your piece of paradise and relax or entertain on your screen enclosed paver deck and large saltwater pool with
waterfall. The spacious 30-foot covered area with is perfect for entertaining and relaxing and dining outside. Some other features include reverse osmosis system, and H2O softener, water conditioner for sprinklers, central vacuum with sweep, instant hot in master bathroom.
Manicured yard has outdoor lighting and sprinkler system with rain sensors.
Please see feature flyer and sellers' property disclosure in the attachments for all the features
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 6, 2025 | Sold | ||
| Sold | |||
| Jan 10, 2025 | In contract | - | |
| In contract | |||
| Dec 12, 2024 | Price Decreased |
$479,900
↓ $10K
(2%) | |
| Price Decreased | |||
| Oct 24, 2024 | Price Increased |
$489,900
↑ $10K
(2.1%) | |
| Price Increased | |||
| Oct 21, 2024 | Relisted | $479,900 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017