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579 WATERWAY DRIVE
About This Property
Enjoy the peaceful setting beneath mature shade trees while taking advantage of River Ranch RV Resort's outstanding amenities, including a resort-style pool, clubhouse, tennis and pickleball courts, billiards room, poker room, social events, gated security, and convenient laundry and bathhouse facilities. The quarterly HOA includes water, sewer, cable TV, high-speed internet, lawn care, trash service, and 24-hour gated security. Just minutes away, you'll also enjoy all that neighboring Westgate River Ranch Resort, including the famous Saturday Night Rodeo, horseback riding, airboat rides, adventure park, mini golf, restaurants, live entertainment, and more. Whether you're searching for a move-in-ready vacation retreat, an investment opportunity, or your own slice of Florida paradise, this exceptional waterfront property offers resort living at its finest.
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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 |
|---|---|---|---|
| Sep 4, 2026 | Price Decreased |
$249,000
↓ $30K
(10.8%) | |
| Price Decreased | |||
| Jun 30, 2026 | Listed by FUTURE HOME REALTY INC | $279,000 | |
| Listed by FUTURE HOME REALTY INC | |||
| Oct 9, 2024 | Sold | ||
| Sold | |||
| Sep 10, 2024 | In contract | - | |
| In contract | |||
| Aug 29, 2024 | Listed by COLDWELL BANKER ELLISON REALTY O | $250,000 | |
| Listed by COLDWELL BANKER ELLISON REALTY O | |||
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Experience glamping with a stunning waterfront RV that blends comfort and adventure. Enjoy picturesque water views right outside your window and wake up to nature's soothing sounds. Inside, modern luxury awaits with updated amenities. Relax on a plush bed or prepare a quick bite in the kitchenette. The cozy living room is perfect for unwinding with TV & Wi-Fi. Spectacular waterfront view from your private boat dock. Jump in you 18' Sun Tracker pontoon boat and cruise the Kissimmee River to Kissimmee Lake and other connecting lakes. Modern luxury with updated amenities with access to Westgate River Ranch property. Shared amenities: pool, tennis & Pickleball courts, lounge area
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017