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409 Nautilus 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%.
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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 |
|---|---|---|---|
| Aug 8, 2025 | Sold | ||
| Sold | |||
| Jul 13, 2025 | In contract | - | |
| In contract | |||
| Jun 4, 2025 | Price Increased |
$779,000
↑ $130K
(20%) | |
| Price Increased | |||
| May 21, 2025 | Relisted | $649,000 | |
| Relisted | |||
| May 2, 2025 | Listed by La Rosa Realty, LLC | $800,000 | |
| Listed by La Rosa Realty, LLC | |||
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Waterfront views galore !! Boat lovers dream!! Situated between the prestigious Lansing Island & Tortoise Island, this extraordinary waterfront property delivers unparalleled views and a serene, upscale lifestyle. Revel in the stunning water vistas overlooks 200 ft wide canal, which features two power boat lifts, one a brand-new Hi-Tide lift (16,000 lbs) & a spacious new Trex dock, perfect for jet skis and a 40 ft boat. A meticulously designed paver driveway further enhances the home's impressive curb appeal. Brand-new roof and gutters (8/2024) for peace of mind, with fresh exterior paint September 2024. New fence Oct 2024. New sprinkler pump 10/2024. Additional upgrades include two Rheem AC units installed in June 2020. Beautifully landscaped yard complements the home's stylish tile flooring & elegant plantation shutters, creating a seamless blend of modern comfort and timeless charm. NOT in flood zone, Newer Indian River furnishing negotiable
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About Waterway Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017