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2433 WATERFALL DRIVE
About This Property
Inside, the home features new flooring, new interior doors, and updated casing and baseboards that elevate the overall aesthetic. The new kitchen showcases stylish cabinetry, modern countertops, and new stainless-steel appliances, creating a functional and inviting space for everyday living. Both bathrooms have been fully renovated with contemporary finishes and clean design.
With its comprehensive upgrades and move-in-ready condition, this property offers a refined living experience in a convenient Spring Hill location. Schedule your private showing and discover the quality and care that define this renovated home.
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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 |
|---|---|---|---|
| Aug 25, 2026 | In contract | - | |
| In contract | |||
| Aug 10, 2026 | Price Decreased |
$340,000
↓ $8K
(2.3%) | |
| Price Decreased | |||
| Jul 4, 2026 | Listed by AVISTA BAY REALTY, LLC | $348,000 | |
| Listed by AVISTA BAY REALTY, LLC | |||
| May 14, 2026 | Sold | ||
| Sold | |||
| Apr 24, 2026 | In contract | - | |
| In contract | |||
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About Spring Hill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017