201 Water St
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 |
|---|---|---|---|
| Jan 20, 2026 | Sold | ||
| Sold | |||
| Dec 18, 2025 | In contract | - | |
| In contract | |||
| Dec 10, 2025 | Listed by Compass | $719,000 | |
| Listed by Compass | |||
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Welcome to 201 Water Street — a tucked-away retreat that combines convenience with privacy. Set back from the road on a long driveway, this spacious and versatile 4-bedroom home offers a generous yard that feels like your own private oasis, creating the perfect setting for hosting friends and family, summer barbecues, and outdoor fun. Inside, you’ll find an expansive living room ideal for gatherings, an updated kitchen ready for entertaining, and the comfort of central air conditioning. The oversized 2-car garage provides ample room for vehicles along with additional storage space above, ideal for hobbies or seasonal items. All of this is located just minutes from Route 1, shopping, dining, and easy access to Boston—delivering the perfect blend of space, privacy, and convenience for everyday living and memorable moments. The home you have been in search for has finally arrived, come on by!
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| Mar 23, 2020 | Sold | ||
| Sold | |||
| Feb 16, 2020 | Listed by Century 21 North East | $479,000 | |
| Listed by Century 21 North East | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017