2520 WATERSIDE DRIVE #313
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Jan 13, 2026 | Sold | ||
| Sold | |||
| Nov 22, 2025 | In contract | - | |
| In contract | |||
| Nov 19, 2025 | Listed by Redfin Corp | $425,000 | |
| Listed by Redfin Corp | |||
| Oct 14, 2022 | Sold | ||
| Sold | |||
| Jul 6, 2022 | Listed by Keller Williams Realty Centre | $349,999 | |
| Listed by Keller Williams Realty Centre | |||
| | |||
|
Check out this beautifully updated, Belmont model, luxury condo in Park Place II condominium building in Worman's Mill Community. The current owner has taken great care to update and maintain this unit. Enter the welcoming tiled foyer with adjacent half bath and go into the large living room with gleaming hardwood floors, subtle pillars, and dual tray ceilings. Access the balcony through sliding glass doors and enjoy watching your view change throughout the seasons. The hardwood floors continue in the formal dining room with a tray ceiling and an updated lighting fixture. The kitchen was completely updated in 2021! Beautiful white cabinetry, recessed light, new Whirlpool stainless steel appliances and laminate flooring make spending time in the kitchen a delight. The double wide pantry adds convenience and provides tons of storage. The primary bedroom with new hardwood floors and attached bath are off the living room separated from the two other guest rooms. The primary includes a large walk-in closet with custom organizers. The primary bath has tiled floors, a huge soaking tub, stall shower, and new vanity with double sinks, quartz counters and updated mirrors. There is also a closet for additional storage. The guest rooms are down the hall off the dining room. There are two equally sized rooms with laminate floors. One of the bedrooms has a closet organizer system. The other has shelves in the closet, as that room has been used as an office. Keep it as it is or easily remove the additional shelves. Each bedroom has two windows which were all replaced in 2018 with Thompson Creek replacement windows. The hall bath was also updated with new vanity and quartz counter. The stacking washer and dryer were new in 2017-2018. Stacking the appliances leaves room to fold, hang, or care for laundry and have space for supplies. The attention to detail doesn't end with cosmetic features. The hot water heater was replaced in 2018. The HVAC has an air filtration system attached and has been serviced through a maintenance contract for the entirety of its use. There is a secure exterior storage closet behind and deeded parking space under the building. No need to think about clearing off your car after a snow or running through the rain with groceries. The parking level is lighted with secure access to the elevators. Although the owners don't have responsibility for the roof, it was replaced in 2020 by the condo association funded by the well-managed reserves. You'll have to leave the unit sometime, and you'll enjoy the Worman's Mill Community amenities. There is a clubhouse with a library, workout room, pool table, ping pong table, and gathering spaces inside and out. Behind the clubhouse find tennis/pickleball courts, a basketball court, a grassy area with a net, tot lot, and three pools. Take a dip in the lap pool, community recreational pool, or in the wading pool with a crocodile fountain. Worman's Mill includes Frederick's nature preserve area with paved paths. Wildlife abounds. The marketplace is still growing, but it includes multiple service providers, a corner store, and a Mexican restaurant. An Italian restaurant is reportedly coming soon. A longer walk or short ride expands your restaurant and shopping options. Don't miss this one!
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/21/2026
|
2 Bed
|
2 Bath
|
1350 ft²
|
$390,000
2 Bed
2 Bath
1350 ft²
|
$380,000
-2.56%
07/07/2026
|
Richard Phillips
Northrop Realty
| |
|
04/18/2026
|
2 Bed
|
2 Bath
|
1362 ft²
|
$385,000
2 Bed
2 Bath
1362 ft²
|
$373,000
-3.12%
07/27/2026
|
Wes Fream
Shank & Associates Realty Llc
| |
|
03/05/2026
|
4 Bed
|
3 Bath
|
2950 ft²
|
$885,900
4 Bed
3 Bath
2950 ft²
|
$810,000
-8.57%
07/09/2026
|
Colleen Marie Walters
Keller Williams Realty Centre
| |
|
11/19/2025
|
3 Bed
|
2 Bath
|
1383 ft²
|
$425,000
3 Bed
2 Bath
1383 ft²
|
$425,000
01/13/2026
|
Angela Kinna
Redfin Corp
| |
|
12/03/2024
|
3 Bed
|
4 Bath
|
2335 ft²
|
$549,000
3 Bed
4 Bath
2335 ft²
|
$549,000
12/26/2024
|
Colleen Walters
Keller Williams Realty Centre
| |
|
09/05/2024
|
2 Bed
|
3 Bath
|
1507 ft²
|
$353,000
2 Bed
3 Bath
1507 ft²
|
$365,000
+3.40%
09/30/2024
|
Joseph Powell
Real Estate Teams, LLC
| |
|
06/26/2024
|
2 Bed
|
3 Bath
|
1493 ft²
|
$350,000
2 Bed
3 Bath
1493 ft²
|
$350,000
09/03/2024
|
James (Kevin) Grolig
Compass
| |
|
04/11/2024
|
2 Bed
|
3 Bath
|
1493 ft²
|
$370,000
2 Bed
3 Bath
1493 ft²
|
$350,000
-5.41%
06/20/2024
|
Lisa Sabelhaus
RE/MAX Town Center
| |
|
03/27/2024
|
1 Bed
|
1 Bath
|
858 ft²
|
$289,900
1 Bed
1 Bath
858 ft²
|
$285,000
-1.69%
04/11/2024
|
Terry LaScola
Welcome Home Realty Group
| |
|
02/01/2024
|
3 Bed
|
3 Bath
|
1387 ft²
|
$399,000
3 Bed
3 Bath
1387 ft²
|
$395,000
-1.00%
02/23/2024
|
Tracy Diamond
EXP Realty, LLC
| |
|
09/07/2023
|
1 Bed
|
1 Bath
|
858 ft²
|
$279,900
1 Bed
1 Bath
858 ft²
|
$275,000
-1.75%
09/29/2023
|
Nicole Lapera-Holler
Real Estate Teams, LLC
| |
|
11/07/2022
|
1 Bed
|
1 Bath
|
858 ft²
|
$249,000
1 Bed
1 Bath
858 ft²
|
-
-
|
James Bass
Real Estate Teams, LLC
| |
|
09/21/2022
|
3 Bed
|
3 Bath
|
1383 ft²
|
$325,000
3 Bed
3 Bath
1383 ft²
|
-
-
|
James Bass
Real Estate Teams, LLC
| |
|
07/06/2022
|
3 Bed
|
3 Bath
|
-
|
$349,999
3 Bed
3 Bath
|
$347,500
-0.71%
10/14/2022
|
Elizabeth Rhodes
Keller Williams Realty Centre
| |
|
02/24/2022
|
3 Bed
|
3 Bath
|
-
|
$550,000
3 Bed
3 Bath
|
$611,000
+11.09%
03/14/2022
|
Elizabeth Rhodes
Keller Williams Realty Centre
| |
|
01/27/2022
|
3 Bed
|
3 Bath
|
1374 ft²
|
$330,000
3 Bed
3 Bath
1374 ft²
|
$335,000
+1.52%
03/08/2022
|
Rich Ropp
Real Estate Teams, LLC
| |
|
06/03/2021
|
3 Bed
|
3 Bath
|
1410 ft²
|
$280,000
3 Bed
3 Bath
1410 ft²
|
-
-
|
-
| |
|
05/04/2021
|
2 Bed
|
2 Bath
|
1493 ft²
|
$309,950
2 Bed
2 Bath
1493 ft²
|
$302,650
-2.36%
06/14/2021
|
Jeffrey A Zinner
RE/MAX Realty Group
| |
|
01/30/2021
|
2 Bed
|
2 Bath
|
1493 ft²
|
$285,000
2 Bed
2 Bath
1493 ft²
|
$290,000
+1.75%
04/23/2021
|
Laurie A Roberts
Keller Williams Realty Centre
| |
|
09/22/2020
|
2 Bed
|
3 Bath
|
-
|
$268,500
2 Bed
3 Bath
|
$265,000
-1.30%
10/23/2020
|
Joan Lapera
Real Estate Teams, LLC
| |
|
07/31/2020
| |
2 Bed
|
2 Bath
|
-
|
$233,000
2 Bed
2 Bath
|
-
-
|
-
|
|
06/16/2020
|
3 Bed
|
4 Bath
|
2335 ft²
|
$410,000
3 Bed
4 Bath
2335 ft²
|
-
-
|
-
| |
|
02/10/2020
|
4 Bed
|
3 Bath
|
2957 ft²
|
$465,000
4 Bed
3 Bath
2957 ft²
|
$420,000
-9.68%
03/20/2020
|
Laurie Roberts
Keller Williams Realty Centre
| |
|
08/03/2019
|
4 Bed
|
4 Bath
|
2957 ft²
|
$465,000
4 Bed
4 Bath
2957 ft²
|
-
-
|
-
| |
|
07/22/2019
|
2 Bed
|
3 Bath
|
1503 ft²
|
$225,000
2 Bed
3 Bath
1503 ft²
|
-
-
|
-
| |
|
09/05/2018
| |
2 Bed
|
3 Bath
|
-
|
$239,900
2 Bed
3 Bath
|
-
-
|
-
|
|
09/07/2018
|
2 Bed
|
3 Bath
|
1362 ft²
|
$249,900
2 Bed
3 Bath
1362 ft²
|
-
-
|
-
| |
|
08/21/2018
|
2 Bed
|
2 Bath
|
1362 ft²
|
$234,900
2 Bed
2 Bath
1362 ft²
|
$234,900
09/18/2018
|
Jeffrey Zinner
RE/MAX Realty Group
| |
|
03/07/2015
|
3 Bed
|
2 Bath
|
1678 ft²
|
$299,900
3 Bed
2 Bath
1678 ft²
|
$295,400
-1.50%
06/05/2015
|
Jill Coleman
RE/MAX Realty Centre, Inc.
| |
|
05/08/2013
|
2 Bed
|
2 Bath
|
1503 ft²
|
$199,900
2 Bed
2 Bath
1503 ft²
|
$196,000
-1.95%
06/28/2013
|
Sharon Oland
Bach Real Estate
|
Building Info
- 1 Unit for Sale
About Wormans Mill
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,400 /mo
- 3 Beds
- 2 Baths
- 2,168 ft²
$1,725 /mo
- 2 Beds
- 1 Bath
- 1,380 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017