421 Waterline 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 |
|---|---|---|---|
| Jun 7, 2022 | Sold | ||
| Sold | |||
| Apr 26, 2022 | Listed by Orchard Brokerage | $325,000 | |
| Listed by Orchard Brokerage | |||
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Well-maintained 3 bedroom in a beautiful neighborhood close to several schools, the community pool and splash pad, and the Crowley Recreation Center. Featuring lush green lawns and a covered entry to the foyer. Impressive hardwoods in the common areas and abundant natural light flows throughout the open concept floor plan. Fresh interior paint and brand new carpet installed. The spacious eat-in kitchen is the heart of the home and is nicely updated with granite countertops, SS appliances including a brand new range, and a walk-in pantry. The primary bedroom has a private bath and walk-in closet. Secondary rooms are a generous size. The private yard has a patio that is great for dining outside and enjoying our beautiful Texas sunsets. The home is clean and ready for new owners. Click the Virtual Tour link for the 3D walkthrough.
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| Apr 13, 2022 | Sold | ||
| Sold | |||
| Feb 18, 2022 | Listed by Orchard Brokerage | $310,000 | |
| Listed by Orchard Brokerage | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017