20803 Water Point Trail
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 |
|---|---|---|---|
| Oct 7, 2021 | Sold | ||
| Sold | |||
| Sep 4, 2021 | Listed by Jane Byrd Properties INTL. | $285,000 | |
| Listed by Jane Byrd Properties INTL. | |||
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Welcome to 20803 Water Point Trail! This 4 Bed/2.5 Bath home is located in the highly desired Kings River Village subdivision. Formal Living/Dining Room greets you upon entering. Kitchen features granite counter tops and breakfast area. Spacious Family Room includes fireplace. Flex Room located downstairs can be used as study or game room. All bedrooms are located upstairs. Primary Suite features separate tub and shower, double sinks, and walk-in closet. Recent updates per seller include interior paint (Aug. 2021), carpet (Sept. 2021), Furnace (2019), AC 13 seer Condenser (Aug. 2018), Water Heater (2014), and Roof (2009). Shaded backyard is a perfect spot to relax. Neighborhood features community pool, greenbelt trails, and parks. Zoned to Kingwood High School. Never Flooded per seller.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017