606 WATERVALE Drive
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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%.
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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 |
|---|---|---|---|
| Apr 14, 2026 | Sold | ||
| Sold | |||
| Mar 6, 2026 | In contract | - | |
| In contract | |||
| Feb 26, 2026 | Listed by COLDWELL BANKER VANGUARD REALTY | $739,000 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
| Oct 17, 2025 | Price Decreased |
$737,000
↓ $2K
(0.3%) | |
| Price Decreased | |||
| Oct 1, 2025 | Listed | $739,000 | |
| Listed | |||
| | |||
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Welcome home to this beautifully maintained 5-bedr, 4-bath home that perfectly blends luxury, comfort, and functionality. From exquisite interior design to a spectacular outdoor living space, this residence offers something for everyone. Step inside to find elegant finishes and custom touches throughout, including built-in office with rich, custom cabinetry—ideal for working or learning from home. Main level features a shiplap fireplace wall, private guest suite with a full bath, perfect for visitors or multigenerational living. Upstairs, the spacious master suite is a true retreat, complete with a spa-like ensuite bath and generous walk-in closet. A large bonus theater room provides the ultimate movie-night experience for the whole family. Enjoy cooking and entertaining year-round in the fully equipped outdoor kitchen, overlooking the expansive, fully fenced backyard that backs onto a peaceful preserve—offering privacy and scenic views. Rosewood Plan w/bonus
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About St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017