33
Map
53 Water Key
About This Property
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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 |
|---|---|---|---|
| Oct 24, 2025 | Sold | ||
| Sold | |||
| Sep 4, 2025 | In contract | - | |
| In contract | |||
| Jun 29, 2024 | Listed by XL Legacy International | $249,000 | |
| Listed by XL Legacy International | |||
| May 3, 2022 | Sold | ||
| Sold | |||
| Sep 20, 2018 | Listed by XL Legacy International | $237,000 | |
| Listed by XL Legacy International | |||
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INCREDIBLE LARGE WATERFRONT HOMESITE ON HARBORWALK'S MARINA CHANNEL LOCATED ON HIGHLY DESIRED STREET WITH VIEWS OF WEST BAY. HARBORWALK OFFERS FISHING, BIRD WATCHING, KAYAKING, BOATING, FULL SERVICE MARINA, FRESH BAIT, BOAT RAMP, FISH CLEANING STATION, SWIM CENTER WITH FLAMINGO BAR, WATERFRONT DINING, HIKE & BIKE TRAILS, SHIPS STORE WITH DELI, EXCLUSIVE EVENTS & MORE.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017