31461 WATERSHED LANE
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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 |
|---|---|---|---|
| Apr 24, 2026 | Sold | ||
| Sold | |||
| Mar 27, 2026 | In contract | - | |
| In contract | |||
| Mar 12, 2026 | Listed by RLAH @properties | $1,299,000 | |
| Listed by RLAH @properties | |||
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Show-Stopping Coastal-Inspired Home – Built 2025! Step into this stunning, professionally designed home that looks like it belongs in the pages of a coastal magazine. With an array of high-end finishes and attention to detail at every turn, no upgrade has been overlooked. The main level is open, light-filled, and airy, featuring a chef’s kitchen with a center island and stool seating, flowing seamlessly into the dining room and family room. Designer paneled walls, coffered ceilings, and walls of windows showcase views of the deck and serene pond beyond. A cozy sitting room with glass doors opens to the front screened porch, perfect for morning coffee. The main level also offers a spacious mudroom with washer and dryer, plus a stylish powder room. Upstairs, the primary suite boasts a large walk-in closet and a spa-like bathroom with a glass-enclosed step-in shower. Three additional bedrooms and two full bathrooms, each featuring luxurious stonework and cabinetry, complete the upper level. The lower-level garage accommodates four cars with ample storage, plus an outdoor shower. Step out to the expansive screened patio with a built-in electric fireplace and mounted TV—ideal for entertaining, watching the game, or summer barbecues. Located just 1.3 miles from the beach, this home blends coastal charm with modern sophistication and is ready for you to move in and enjoy.
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| Mar 18, 2025 | Sold | ||
| Sold | |||
| Jun 4, 2024 | Listed | $769,900 | |
| Listed | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017