585 Waterway DRIVE
About This Property
Experience waterfront living at its finest with this exceptional property! This waterfront lot offers a serene escape with breathtaking views of the fresh water canal.
Key Features:
Dock with swing and benches with an unobstructed view of and across the canal
Spacious concrete pad for versatile outdoor use
Sale includes Two outdoor Table & Chair sets with Umbrella, Firepit and a Weber Grill
Location:
Situated near the end of the street, this property ensures easy turnarounds and a quieter atmosphere for your enjoyment.
Don't miss this rare opportunity to own a piece of paradise! Contact us for more information or to schedule a viewing.
Purchase Requires a 1x Capital Contribution Fee-$1,694.00 paid to the HOA at closing. RV & Golf Cart are not included with Property sale
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017