238 Cattail Bay
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 |
|---|---|---|---|
| Nov 4, 2024 | Sold | ||
| Sold | |||
| Sep 25, 2024 | Listed by Windermere Fort Collins | $675,000 | |
| Listed by Windermere Fort Collins | |||
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Welcome to your beautiful home in Water Valley! The main level opens to an updated dining or living room, showcasing custom built-ins. The newly renovated kitchen features new self-closing cabinets, marble countertops, a butcher block center island, new appliances, and a custom hood. The adjacent flex space can be tailored to your needs-be it a den, office, or play area. Cozy up by the gas fireplace, complete with a new stone surround and wood mantel. The updated laundry/mudroom serves as a handy drop zone from the oversized three-car garage. On the second level, the primary suite has vaulted ceilings, a newly remodeled bathroom, and an attached walk-in closet. The unfinished basement offers endless possibilities for future expansion. Step outside to your fully fenced backyard retreat, with a pergola-covered patio and lush, mature landscaping. Recent updates include a renovated primary bath (2024), a new radon system (2024), a renovated kitchen (2023), and fresh interior and exterior paint (2022), just to name a few. Living in Water Valley means enjoying a resort-style lifestyle, with access to multiple lakes, paved trails, tennis and pickleball courts, golf courses, plus membership opportunities at the pools at Pelican Lakes Country Club and Raindance.
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| May 26, 2022 | Sold | ||
| Sold | |||
| Apr 18, 2022 | Listed by Windermere Fort Collins | $630,000 | |
| Listed by Windermere Fort Collins | |||
| Apr 16, 2002 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017