3383 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 2, 2026 | Price Decreased |
$879,900
↓ $55K
(5.9%) | |
| Price Decreased | |||
| Aug 5, 2026 | Listed by Local Pro Realty LLC | $935,000 | |
| Listed by Local Pro Realty LLC | |||
| Nov 3, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 1, 2025 | Listed by Compass RE Texas, LLC | $942,900 | |
| Listed by Compass RE Texas, LLC | |||
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Designed with timeless elegance and everyday functionality, this stunning two-story Shaddock home offers 5 spacious bedrooms, 5.5 bathrooms, a dedicated office, and a media room—all in the heart of the highly sought-after Light Farms master-planned community. Step inside to soaring ceilings and a seamless open-concept layout that connects the kitchen, dining, and family room. Expansive windows fill the home with natural light, creating a warm, inviting atmosphere. The gourmet kitchen is a chef’s dream, featuring a gas cooktop, double ovens, and a large eat-in island that opens to the cozy living room with a fireplace—perfect for gathering with family or entertaining guests. Also downstairs you will find the primary suite, office and secondary bedroom with private ensuite bathroom. Upstairs there are three generously sized secondary bedrooms and three full bathrooms, ensuring comfort and privacy for everyone. The main living spaces flow effortlessly to a covered patio with power screens—an ideal space to relax outdoors. Just beyond the backyard, you'll find direct access to scenic walking trails. A spacious 3-car garage with epoxy-coated floors completes this beautifully designed home. Enjoy resort-style living with the unmatched amenities of Light Farms: an on-site restaurant, over 13 miles of trails, five swimming pools, basketball and volleyball courts, multiple playgrounds, picnic areas, and lush event lawns. Explore the expansive 90-acre central park featuring an 11-acre lake, sandy beach entry, dog park, kayak rentals, pavilion, and more. Located within the award-winning Prosper ISD, this exceptional property offers a rare opportunity to enjoy elevated living in one of the area’s most vibrant and active communities.
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| Jun 30, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017