25 WATERSIDE DRIVE
About This Property
Welcome to effortless elegance and resort-style living in this beautifully crafted 3-bedroom, 2-bath home, ideally located in a vibrant active adult community and perfectly positioned on the 2nd tee box with sweeping views of the golf course and tranquil pond. Soaring vaulted ceilings and a sun-filled open layout create a warm and inviting atmosphere, enhanced by gleaming hardwood floors, plush carpeting, and a cozy electric fireplace. The stunning sunroom with composite deck tile flows seamlessly to an expansive stone and stamped concrete patio-an ideal space for outdoor dining, entertaining, or simply soaking in the serene surroundings.
The gourmet kitchen is a chef's dream, featuring sleek quartz countertops, stainless steel appliances, and ample cabinetry. The spacious loft offers flexible space for a home office, guest retreat, or hobby area. The main floor laundry room includes a deep utility sink for added function. Modern upgrades such as a tankless water heater, efficient gas heat, and a 2-car garage with coated flooring and additional storage make daily living a breeze.
As part of this 55+ active adult community, you'll enjoy unmatched amenities including a grand clubhouse, billiards room, hobby workshop, arts and crafts studio, and three on-site restaurants. Stay active with the fully equipped fitness center, aerobics room, indoor and outdoor pools, shuffleboard, bocce ball, horseshoes, putting greens, driving range, and scenic walking/jogging trails. Golf memberships are available, and even your furry friends will love the community dog park.
This is more than a home-it's a lifestyle.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 25, 2025 | Sold | ||
| Sold | |||
| Jun 6, 2025 | In contract | - | |
| In contract | |||
| Jun 2, 2025 | Relisted | $409,000 | |
| Relisted | |||
| May 9, 2025 | In contract | - | |
| In contract | |||
| Apr 14, 2025 | Listed by Coldwell Banker Premier - Lewes | $409,000 | |
| Listed by Coldwell Banker Premier - Lewes | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017