2396 WATERMILL Drive
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 |
|---|---|---|---|
| Apr 3, 2019 | Sold | ||
| Sold | |||
| Feb 15, 2019 | Listed by LANDCO PROPERTIES, INC. | $325,000 | |
| Listed by LANDCO PROPERTIES, INC. | |||
| Jun 28, 2012 | Sold | ||
| Sold | |||
| Feb 17, 2011 | Listed by RE/MAX SPECIALIST | $198,000 | |
| Listed by RE/MAX SPECIALIST | |||
| | |||
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If space is what you need, look no further! This large 6 bedroom pool home offers formal dining room, office, family room, kitchen with eat-in area plus breakfast bar, plus flex space that could be used as child's playroom, loft area upstairs, large patio area outside along with inground pool and swing set!
| |||
| May 27, 2010 | Listed by LANDCO PROPERTIES, INC. | $298,000 | |
| Listed by LANDCO PROPERTIES, INC. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017