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22058 Breakwater Lane
About This Property
Builder's advertised new construction price doesn't tell the whole story. This home offers over $93,000 invested in its premium 65' homesite and upgrades, including full professional landscaping, custom JellyFish lighting, an upgraded terrace, epoxy garage floors and whole-house water filtration-value you won't get from a base-price comparison.
Located in established Cascade Bend section of The Highlands, this 3,320 SF, one-story home features 4 bedrooms, 3.5 baths, a private study, game room and 3-car garage. Soaring 17' ceilings, abundant natural light and a stacked-stone fireplace highlight the open living area. The chef's kitchen boasts a 5-burner gas cooktop, double ovens and upgraded cabinetry. The primary suite offers a spa-inspired bath, dual vanities and walk-in closets. Enjoy no rear neighbor and walk to Mirror Lake, the water and pickleball parks
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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%.
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 23, 2026 | Price Decreased |
$669,900
↓ $15K
(2.2%) | |
| Price Decreased | |||
| Sep 24, 2026 | Price Decreased |
$684,900
↓ $10K
(1.4%) | |
| Price Decreased | |||
| Sep 8, 2026 | Listed by RE/MAX Universal | $694,900 | |
| Listed by RE/MAX Universal | |||
| Jun 24, 2022 | Sold | ||
| Sold | |||
| Nov 9, 2021 | Listed by Perry Development Management | $695,900 | |
| Listed by Perry Development Management | |||
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PERRY HOMES NEW CONSTRUCTION! Home office with French doors set at entry with 12-foot ceiling. Extended entry leads to open family room, dining area and kitchen with 17-foot ceilings throughout. Family room features wall of windows and wood mantel fireplace. Kitchen features a 5-burner gas cooktop, double wall oven, generous counter space, walk-in pantry and island with built-in seating space. Primary suite with wall of windows. Double doors lead to primary bath with 11-foot ceiling, dual vanities, garden tub, separate glass-enclosed shower and two walk-in closets. Game room with French doors features wall of windows. A guest suite plus abundant closet and storage space add to this open one-story design. Covered backyard patio with 16-foot ceiling. Extended covered backyard patio. Mud room off three-car garage.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017