22578 Dr Waters
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%.
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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.
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 |
|---|---|---|---|
| Nov 20, 2024 | Sold | ||
| Sold | |||
| Nov 2, 2024 | In contract | - | |
| In contract | |||
| Aug 29, 2024 | Listed by KW Vision | $299,900 | |
| Listed by KW Vision | |||
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Nestled in the picturesque mountains of Crestline, this delightful 2-bedroom, 2-bathroom home exudes cozy cabin charm and is perfect for those seeking tranquility and comfort. Boasting beautiful German laminate floors throughout, the attention to detail in this home is impeccable. A stunning custom full oak staircase with iron work, and the high vaulted ceilings with rich wood beams create a warm, inviting atmosphere. Upstairs, a versatile loft can serve as a third bedroom, office, or recreation space, providing additional flexibility for your lifestyle.
The living room and primary bedroom each feature their own gas fireplace, ideal for cozying up during cool mountain evenings. The primary bedroom also offers a walk-in closet with built-in shelving for linens and a luxurious en-suite bathroom complete with a relaxing jetted tub. The kitchen is a blend of rustic charm and modern convenience, featuring KraftMaid cabinets, Formica countertops, and a full porcelain cast iron sink. A range of thoughtful design elements that enhance both comfort and functionality; just off the kitchen, a slider opens to a wood-clad vinyl back porch and serene flagstone patio—perfect for outdoor dining or simply enjoying the crisp mountain air. Other highlights include an energy-efficient custom fiberglass front door, inside laundry closet with stackable washer and dryer, tandem driveway parking for ease and accessibility. Located just moments from the tranquil Lake Gregory, this mountain retreat offers a perfect blend of rustic elegance and modern convenience. Whether you're looking for a full-time residence or a weekend getaway, 22578 Waters Drive is an idyllic place to call home.
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| Dec 28, 2018 | Sold | ||
| Sold | |||
| Aug 10, 2018 | Listed by MANY MANSIONS REAL ESTATE | $224,900 | |
| Listed by MANY MANSIONS REAL ESTATE | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017