3406 Watersedge Drive
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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 |
|---|---|---|---|
| Mar 14, 2022 | Sold | ||
| Sold | |||
| Dec 17, 2021 | Listed by RE/MAX Southwest | $449,900 | |
| Listed by RE/MAX Southwest | |||
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Beautiful 2 story David Weekley home on a v. large lot and 4 CARS GARAGE in a quite tree-lined lakes community within minutes from 59 freeway. Large island kitchen w/ granite counter, porclain undermounted sink, gooseneck faucet & newer wood tile floor. High ceiling & wood floor in entry and den. 2 bedrooms & 2 full bath downstair. Metal spindles Y shape stairway. Venetian and plantation wood shutters thru out. Double pane windows. Master down with his&her quartz stone vanity, jetted-tub, new shower glass and faucet+ large walk-in.Custom ceiling/crown molding & built-in cabinetry in master and den. Hall bath upstair w/ newer tub surround, faucet and granite counter. New carpet upstair and Master bedrrom. Huge estate lot and large covered patio. Both a/c condensers and coils 4-6years old. Surround system & Tv in den negotiable. Low, low 2.18% tax rate and excellent school. Get ready to fall in love!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017