L 447 Waters Edge Dr
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 |
|---|---|---|---|
| May 7, 2024 | Sold | ||
| Sold | |||
| May 2, 2022 | Listed by Hi View Real Estate | $108,000 | |
| Listed by Hi View Real Estate | |||
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REDUCED!!! MOTIVATED SELLER- COMPLETE PKG includes MARINA MEMBERSHIP and COVERED BOAT SLIP FULL SIZED including PWC LIFT HUGE WATER FRONTAGE is 159 FT of CANAL FRONT with STEEL RETAINING WALL. WELL OVER HALF ACRE PARCEL Property is Already Cleared and has Numerous Tall Trees Remaining trimmed above head height. CLUBHOUSE w ENTERTAINING AND DINING AREAS, RESORT STYLE INFINITY POOL, WELL EQUIPPED FITNESS ROOM, SHOWERS. MEMBERS ONLY FISHING, GRILLS and COMMONS. HOA Fees paid for 2022, Marina and Boat Slip Fees paid for 2022. Motivated Seller. Seller is Licensed TREC Agent.
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| Sep 18, 2020 | Sold | ||
| Sold | |||
| Jun 22, 2020 | Listed by RE/MAX LakeSide Dreams | $54,000 | |
| Listed by RE/MAX LakeSide Dreams | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017