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570 WATERWAY DRIVE
About This Property
Location Benefits:
Just minutes from Westgate River Ranch, home to: Several on-site eateries, An abundance of activities, including horseback riding, rodeo events, and the new River Country Water Park
River Ranch RV Resort Owners enjoy exclusive discounts at Westgate eateries and the water park
Why You'll Love It: This is a rare opportunity to own a waterfront lot with private docking in an area known for its natural beauty, outdoor recreation, and community charm. Whether you're unwinding by the dock or heading out for a day of adventure, this property offers the best of both worlds.
Disclaimer: All information deemed reliable but not guaranteed. Buyer to verify all information to their satisfaction.
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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 |
|---|---|---|---|
| Jul 31, 2026 | Sold | ||
| Sold | |||
| Jun 16, 2026 | In contract | - | |
| In contract | |||
| Mar 3, 2026 | Price Decreased |
$200,000
↓ $10K
(4.8%) | |
| Price Decreased | |||
| Jan 29, 2026 | Price Decreased |
$210,000
↓ $10K
(4.6%) | |
| Price Decreased | |||
| Jul 30, 2025 | Listed by KELLER WILLIAMS REALTY SMART 1 | $220,000 | |
| Listed by KELLER WILLIAMS REALTY SMART 1 | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017