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Map
429 Stone Water LN
About This Property
Built in 2022 by Pulte/Centex, this beautifully maintained Craftsman-style home combines modern comfort with timeless charm. Features include: Fresh interior paint and new carpet (carpet only in bedrooms)
Spacious kitchen with island, "eat-in" dining area, new range and new garbage disposal
Includes refrigerator, washer, and dryer - truly move-in ready
Three bedrooms plus a flex room/office adjacent to the living room
Primary suite has a Deluxe shower and a "larger than most" walk-in Closet!
Upgraded Window blinds in all windows.
Fully irrigated yard and inviting covered front porch
Community Details:
The Sonterra HOA enforces CCRs only - one-time fee of $280 due at closing with no monthly HOA fees
Community pool and amenities are managed by the Sonterra MUD, which collects a $29/month fee on the water bill
This home offers a perfect blend of functionality, low maintenance, and community convenience - ideal for those who want to enjoy modern living without the extra costs.
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 6, 2026 | In contract | - | |
| In contract | |||
| Mar 22, 2026 | Price Decreased |
$249,900
↓ $10K
(3.9%) | |
| Price Decreased | |||
| Feb 24, 2026 | Listed by Keller Williams Realty Lone St | $259,900 | |
| Listed by Keller Williams Realty Lone St | |||
| Aug 10, 2025 | In contract | - | |
| In contract | |||
| Jul 10, 2025 | Price Decreased |
$230,000
↓ $5K
(2.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017