39
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208 Waverly Drive
About This Property
This beautifully updated 5-bedroom, 3-bathroom home offers a spacious and thoughtfully designed layout with the primary suite conveniently located on the main level. The spa-like ensuite provides a relaxing retreat, creating the perfect place to unwind at the end of the day. Hardwood floors run throughout the entire home--no carpet--adding warmth, durability, and timeless style. The staircase is tucked away for added privacy, keeping the main living areas open and uncluttered. Freshly painted throughout, the home feels bright, clean, and completely move-in ready. Upstairs, the home boasts a large loft that offers incredible flexibility--perfect for a home office, media room, or multigenerational living space. Step outside to enjoy the screened-in porch and adjoining deck, ideal for relaxing or entertaining while enjoying the peaceful surroundings. All of this is located within a desirable golf course community, offering both comfort and an exceptional lifestyle.
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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 17, 2026 | Sold | ||
| Sold | |||
| Apr 28, 2026 | In contract | - | |
| In contract | |||
| Apr 23, 2026 | Price Decreased |
$479,000
↓ $6K
(1.2%) | |
| Price Decreased | |||
| Mar 31, 2026 | Price Decreased |
$485,000
↓ $14K
(2.8%) | |
| Price Decreased | |||
| Mar 17, 2026 | Price Decreased |
$499,000
↓ $26K
(5%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017