29235 Waverly Drive
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 |
|---|---|---|---|
| Oct 22, 2025 | Sold | ||
| Sold | |||
| Sep 14, 2025 | In contract | - | |
| In contract | |||
| Aug 4, 2025 | Listed by Real Broker | $399,000 | |
| Listed by Real Broker | |||
| May 28, 2025 | Price Decreased |
$469,000
↓ $31K
(6.2%) | |
| Price Decreased | |||
| Feb 24, 2025 | Listed | $499,990 | |
| Listed | |||
| | |||
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Great Location! Shopping Nearby. Quiet neighborhood, 55+ Community. Low Taxes. Beautifully landscaped and lovely curb appeal! Single level home with RV gate access and RV carport. No rear neighbors. There are producing orange and lemon trees in the back yard and a covered patio to enjoy the serenity. There is an attached enclosed patio room that opens to the back yard and connects to the kitchen. As you enter the home, there is a full wall-length custom wood bookcase surrounding the brick fireplace. The Kitchen has light wood cabinets with neutral solid countertops with bullnose edges.
A spacious and bright home with vaulted ceilings and a skylight. The bedrooms are at opposite ends of the home for privacy. The laundry room is
conveniently located off of the hallway. There is a room with built-in cabinets and workspace that would make a great office.
It has direct garage access. An interior garage wall has cabinets and drawers for storage and a workbench on the opposite wall.
Solar panels are on a lease agreement. This home is a must-see and should be at the top of your viewing list!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017