20156 SE Bridgewater Drive
About This Property
Brand new construction; never lived in home; built by DiVosta on .95 Acre lot directly on the lake.
Maderia model with casita (guest house) boasts the primary bedroom, 2 guest suites and flex room on the main floor with a loft and additional bedroom and bath on the upper floor. Casita out back on main level. This home has many upgraded features including crown molding throughout and pre-wiring for pool, spa and backup generator.
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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 |
|---|---|---|---|
| Nov 9, 2023 | Sold | ||
| Sold | |||
| Jul 12, 2023 | Listed by Illustrated Properties LLC (Co | $2,698,000 | |
| Listed by Illustrated Properties LLC (Co | |||
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About Martin
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017