29 Water St
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 |
|---|---|---|---|
| Mar 27, 2026 | Sold | ||
| Sold | |||
| Jan 21, 2026 | In contract | - | |
| In contract | |||
| Oct 18, 2025 | Price Decreased |
$1,645,000
↓ $35K
(2.1%) | |
| Price Decreased | |||
| Oct 9, 2025 | Price Decreased |
$1,680,000
↓ $60K
(3.5%) | |
| Price Decreased | |||
| Sep 11, 2025 | Listed by Engel & Volkers Newton | $1,740,000 | |
| Listed by Engel & Volkers Newton | |||
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Your Private Waterfront Escape: Wake up to sweeping river views and the quiet rhythm of nature. Spend afternoons launching kayaks or canoes (included) directly from your backyard, then unwind on the bluestone patio by the fire pit and custom water feature. Whether soaking in private hot tub under the stars or hosting sunset gatherings by the water, this is more than a home—it’s a lifestyle. When you are ready to retreat indoors, this custom contemporary masterpiece, substantially rebuilt in 2020, offers turnkey luxury on the banks of the Charles. The open interior features white oak floors and a chef’s kitchen with a massive stone island, easily seating 6. Retreat to the primary suite, a private haven where vaulted ceilings meet a river-view balcony & spa bath with radiant heat. Down the hall find 4 more bedrooms, and a 2nd floor lounge area, ideal for the household. Complete with a heated garage, modern smart-home tech, teen space in the LL, this is move-in ready magic near Elm Bank.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017