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4014 Waverly Drive
About This Property
To top it off you are right around the corner from Bak school of the arts. This home features tile, real cherry wood floors, plantation blinds, crown molding, high hat lighting and neat landscaping. Granite counter tops, a peninsula that over looks the family room, herb window, and a park-size back yard. The Back yard patio is around a 1000 sq.ft. perfect for those large gatherings. This community even has a park, so when you just want get out and relax, you can go sit by the lake while the little ones play on the play ground.
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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 |
|---|---|---|---|
| Nov 26, 2025 | Sold | ||
| Sold | |||
| Nov 19, 2025 | In contract | - | |
| In contract | |||
| Nov 17, 2025 | Relisted | $374,999 | |
| Relisted | |||
| Oct 30, 2025 | In contract | - | |
| In contract | |||
| Oct 17, 2025 | Listed by EXP Realty LLC | $374,999 | |
| Listed by EXP Realty LLC | |||
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Located in the highly sought-after Echo Lake area, this charming home offers an unbeatable location just minutes from Palm Beach’s finest dining, entertainment, parks, pristine beaches, and the Washington Nationals’ spring training center. The prestigious Bak School of Performing Arts is also nearby.Nestled in a tranquil, tree-lined neighborhood, you'll enjoy both scenic drives and leisurely walks. The spacious master bedroom features sliding doors that open to a private backyard oasis, complete with a large patio and fenced yard—ideal for entertaining and relaxation.This home provides a blank canvas, ready for your personal touch and design vision. Don’t miss your chance to make this property your own!Schedule your private tour today!
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Property Highlights
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About Echo Lake
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017