480 Waterloo DR
About This Property
This house was built in 2016 and the owners have taken very good care of it - must see! Upon entering the house you have a large open living and sitting room(s) that could be an additional office and/or kids play area. Brand new floors, modern large kitchen open to the family room with dining area on both sides of the kitchen bar, stainless steal appliances like new. Very close to the hospital, shopping and very convenient access to I35 without hearing a peep. Schools are just around the corner. Please see all attachments.
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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 1, 2026 | No longer available | - | |
| No longer available | |||
| Mar 4, 2026 | Price Decreased |
$275,000
↓ $4K
(1.3%) | |
| Price Decreased | |||
| Feb 11, 2026 | Price Decreased |
$278,500
↓ $2K
(0.5%) | |
| Price Decreased | |||
| Jan 12, 2026 | Price Decreased |
$280,000
↓ $10K
(3.5%) | |
| Price Decreased | |||
| Dec 22, 2025 | Listed by Respace LLC | $290,000 | |
| Listed by Respace LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017