2229 Water Way
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 |
|---|---|---|---|
| Jan 21, 2025 | No longer available | - | |
| No longer available | |||
| Nov 23, 2024 | Price Decreased |
$375,000
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Oct 11, 2024 | No longer available | - | |
| No longer available | |||
| Oct 10, 2024 | Listed by Foundations Realty | $380,000 | |
| Listed by Foundations Realty | |||
| | |||
|
Welcome to 2229 Water Way, a stunning waterfront community nestled in Seabrook! The home features 3 bedrooms, 2 full bathrooms, 2 car garage and backyard with pergola and a hot tub! Spacious open-concept living area with high ceilings, large windows, formal dining area, home office/study, and kitchen equipped with granite countertops, and ample cabinet space. Primary suite features a walk-in closet and a spa-like ensuite bathroom with a soaking tub and separate shower. Cozy fireplace in the living room, perfect for family gatherings and relaxing evenings. NO Back neighbors! Close proximity to Kemah Boardwalk and Clear Lake. Perfect for outdoor enthusiasts with nearby parks, boating, and fishing! Don't miss your opportunity to call this one home! Schedule your showing today!
| |||
| Sep 7, 2024 | Price Decreased |
$380,000
↓ $10K
(2.6%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017