2905 Lake Shore Drive #205
About This Property
The manager has listed the unit size as 1178 square feet.
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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%.
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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.
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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 8, 2023 | No longer available | - | |
| No longer available | |||
| Mar 31, 2023 | Price Decreased |
$293,500
↓ $6K
(1.8%) | |
| Price Decreased | |||
| Mar 24, 2023 | Relisted | $299,000 | |
| Relisted | |||
| Feb 27, 2023 | No longer available | - | |
| No longer available | |||
| Jan 28, 2023 | Listed | $299,000 | |
| Listed | |||
| | |||
|
Location, location, location and with a view! This particular condo has stunning sunset views over Lake Waco along with miles of unobstructed views towards China spring area and beyond, all from your private patio. This beautifully remodeled condo ($60k in renovations in 2022) with views toward Lake Waco. You are minutes from Downtown Waco, Magnolia, shopping, and doctors' offices, and only an hour & a half from Dallas or Austin. Small condo complex with community pool. Inside the condo, you will find two levels with wood floors, custom-built kitchen cabinets with white backsplash, and lovely granite countertops. New stainless steel appliances in the kitchen and new tile flooring with a built-in desk, eat at bar all overlooking the living room below. On this level, you will also find a guest bedroom & bathroom both redone. The bathroom has custom cabinets with granite counters and the tub has new tile surround. New lighting and electrical plugs along with new plumbing throughout. Downstairs find floor-to-ceiling windows allowing the natural light to shine in. A wood-burning fireplace surrounded with shiplap and built-in bookcases is a perfect spot to get cozy on cold nights. The master bedroom & bathroom is on the lower level as well and has plenty of space with high ceilings, big windows with a beautiful view, and patio doors leading to the perfect patio & that perfect sunset view over Lake Waco. The master bed and bath have all been redone as well. No expense spared in this remodel. HOA monthly fees cover water, trash, sewer, lawn care, exterior maintenance, and swimming pool upkeep. This condo is a must-see. The manager has listed the unit size as 1178 square feet.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/24/2025
|
2 Bed
|
2 Bath
|
1178 ft²
|
$224,900
2 Bed
2 Bath
1178 ft²
|
$215,000
-4.40%
12/12/2025
|
Amanda Nesbitt
Magnolia Realty
| |
|
01/19/2024
| |
3 Bed
|
2 Bath
|
1389 ft²
|
$227,000
3 Bed
2 Bath
1389 ft²
|
-
-
|
Jennifer Dolezel
Texas Premier Realty
|
|
04/13/2023
|
2 Bed
|
2 Bath
|
1178 ft²
|
$240,000
2 Bed
2 Bath
1178 ft²
|
-
-
|
Christina Gerhardt
Magnolia Realty
| |
|
01/28/2023
|
2 Bed
|
2 Bath
|
1178 ft²
|
$299,000
2 Bed
2 Bath
1178 ft²
|
-
-
|
Amber Sheehan
Bentwood Realty
| |
|
10/29/2021
|
2 Bed
|
2 Bath
|
1178 ft²
|
$178,000
2 Bed
2 Bath
1178 ft²
|
-
-
|
Lili McDevitt
Magnolia Realty
| |
|
09/27/2021
| |
2 Bed
|
2 Bath
|
1178 ft²
|
$151,800
2 Bed
2 Bath
1178 ft²
|
-
-
|
Cristi McGowan
NextHome Our Town
|
|
09/27/2021
|
2 Bed
|
2 Bath
|
1178 ft²
|
$151,800
2 Bed
2 Bath
1178 ft²
|
-
-
|
Cristi McGowan
NextHome Our Town
| |
|
03/25/2021
|
3 Bed
|
2 Bath
|
1389 ft²
|
$145,000
3 Bed
2 Bath
1389 ft²
|
-
-
|
-
| |
|
09/29/2020
| |
1 Bed
|
1 Bath
|
1017 ft²
|
$119,000
1 Bed
1 Bath
1017 ft²
|
-
-
|
-
|
|
03/02/2020
|
3 Bed
|
2 Bath
|
1389 ft²
|
$159,000
3 Bed
2 Bath
1389 ft²
|
-
-
|
-
| |
|
08/29/2019
|
3 Bed
|
2 Bath
|
1389 ft²
|
$179,000
3 Bed
2 Bath
1389 ft²
|
-
-
|
-
|
Building Info
- 2 Units for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017