505 Waverly Road
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 |
|---|---|---|---|
| Nov 9, 2024 | Sold | ||
| Sold | |||
| Oct 16, 2024 | In contract | - | |
| In contract | |||
| Oct 3, 2024 | Listed by Conway - Hanover | $407,000 | |
| Listed by Conway - Hanover | |||
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Welcome to 505 Waverly Road, 2013 Belmont II-style home in Oak Point 55+ Community. Modern, open floor plan, light, bright and airy. Kitchen island, *Zodiac(q) countertops & storage, cherry tone cabinetry, recessed lighting, 5” hardwood flooring, sunny windows in the adjacent dining area, sliders, to 25’ sunroom. Flow into the entertaining-sized living room, ceiling fan, double windows, hardwoods, and slider. Formal dining room, recessed lighting, hardwood floors, wall opening to living room. The main bedroom, walk-in closet, and full bath feature a corner shower, transom window, vanity console, double sinks, cherry-tone cabinets, and linen closet. Guest bedroom, hardwood floor, and full bath in hall with tub/shower and transom window. Two-car attached garage, keypad entry. The walkway welcomes you to the front porch, access sunroom, wildflowers, greenery, a ravine, and a post & rail fence. Roof 2013, furnace, central air & water heater 2018
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017