2131 Waterview DRIVE
About This Property
As you approach the property, you'll be greeted by a picturesque view of the lake, enhancing the sense of peace and serenity that defines this home. The exterior features a sturdy metal frame construction, adorned with hurricane shutters, ensuring both safety and durability. The home's metal roof and raised foundation further contribute to its resilience, making it a reliable choice for your long-term living needs.
Step inside to discover a spacious and inviting interior spanning 960 square feet of heated space, complemented by an additional 790 square feet of total area. The home boasts two generously sized bedrooms and two well-appointed bathrooms, offering ample space for relaxation and privacy. The primary bedroom, located on the first floor, features plush carpet flooring, a walk-in closet, and a private bathroom with a shower, providing a personal retreat within the home.
The living room, also carpeted, is a comfortable and cozy space perfect for unwinding or entertaining guests. Large insulated windows with elegant blinds flood the room with natural light, creating a warm and welcoming ambiance. Adjacent to the living room is the kitchen, a chef's delight with its practical vinyl flooring, dual sinks, solid wood cabinets, and a spacious pantry. Equipped with modern appliances including a dishwasher, dryer, electric water heater, freezer, microwave, range, range hood, refrigerator, and washer, the kitchen is ready to meet all your culinary needs.
Additional interior features include a bonus room and a Florida room, providing versatile spaces that can be adapted to suit your lifestyle, whether you need a home office, gym, or hobby room. The home is equipped with central air conditioning and heating, ensuring comfort throughout the year, while the laundry room adds a layer of convenience to your daily routine.
Outside, the home continues to impress with its covered deck, screened patio, and side porch, offering multiple options for outdoor enjoyment. Imagine sipping your morning coffee on the patio while taking in the tranquil lake views or hosting a barbecue on the deck with friends and family. The property includes a carport with one space, providing secure parking for your vehicle.
Living in Lake Conley Mobile Home Park comes with numerous community benefits. Enjoy access to a range of amenities including a clubhouse, fitness center, gated entry, lobby key required for additional security, pool, recreation facilities, and a shuffleboard court. The community also features a boat slip, community boat ramp, dock, and private boat ramp, making it a paradise for water enthusiasts. Fishing, boating, and other water activities are just steps away from your front door.
With deed restrictions in place, the community ensures a well-maintained environment for all residents. The homeowner's association fee covers common area taxes, pool maintenance, private road upkeep, recreational facilities, and security, providing peace of mind and a hassle-free living experience.
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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 |
|---|---|---|---|
| Aug 28, 2024 | Sold | ||
| Sold | |||
| Aug 5, 2024 | In contract | - | |
| In contract | |||
| Jul 25, 2024 | Relisted | $159,900 | |
| Relisted | |||
| Jul 20, 2024 | In contract | - | |
| In contract | |||
| Jul 13, 2024 | Listed by LPT REALTY, LLC. | $159,900 | |
| Listed by LPT REALTY, LLC. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017