29811 Greenwater Drive
About This Property
The lower level features a cozy living area with a fireplace and room for a pool table, a laundry closet, and access to an expansive patio. Two bedrooms and two full bathrooms are on this floor, including a private en-suite.
The main level is perfect for entertaining, with a modern kitchen, vaulted ceilings, and a large living room highlighted by floor-to-ceiling windows, built-in storage/seating, and a fireplace. Both the living room and dining area feature sliding doors that open to a spacious balcony, seamlessly blending indoor and outdoor living. A half bath on this level adds convenience. The primary suite offers two closets, a separate sitting area/office space, a fireplace, and French doors leading to a fenced backyard. The luxurious en-suite bathroom boasts dual vanities, a walk-in shower, and a jacuzzi tub.
The third level is a versatile loft space currently utilized as a fourth bedroom.
Outside, the detached two-car garage includes a workshop area for added functionality. The property showcases breathtaking views of the valley and surrounding scenery, offering a serene mountain retreat with stunning sunrises and sunsets.
Bear Valley Springs offers an array of exclusive amenities, including an equestrian center, golf course, lakes, pool, gym, restaurant, and more. This home seamlessly combines modern comfort, breathtaking views, and an unbeatable community 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 |
|---|---|---|---|
| May 23, 2025 | Sold | ||
| Sold | |||
| May 2, 2025 | Price Increased |
$629,000
↑ $14K
(2.3%) | |
| Price Increased | |||
| Apr 29, 2025 | In contract | - | |
| In contract | |||
| Jan 28, 2025 | Listed by Watson Realty ERA | $615,000 | |
| Listed by Watson Realty ERA | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017