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6113 WATERFIELD WAY
About This Property
Step outside to the expansive screened lanai complete with a full outdoor kitchen, including a sink, ice machine, beverage fridge, griddle, and grill, plus two ceiling fans for year-round comfort. The sparkling saltwater pool showcases a pebble finish, a sun shelf for lounging, and a soothing bubbler feature. In the evenings, unwind next to twin propane fire bowls with cascading water accents and a waterfall feature, fed by a 100 lb propane tank.
Inside, a large downstairs office offers the perfect work-from-home setup, while a versatile loft upstairs provides additional living space for a playroom, second living area, or reading nook. A private movie room offers built-in space for entertainment and relaxation.
Major updates include a new roof, replaced water softener tank, replaced well pressure tank, and new wood-look tile flooring on the first floor, all completed in 2022. A concrete-bordered flower bed adds polished curb appeal to the landscaping.
This home combines resort-style outdoor living with thoughtful interior spaces in a sought-after gated community.
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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 17, 2026 | Price Decreased |
$629,998
↓ $15K
(2.3%) | |
| Price Decreased | |||
| Aug 24, 2026 | Price Decreased |
$645,000
↓ $25K
(3.7%) | |
| Price Decreased | |||
| Aug 11, 2026 | Listed by ZEFF REALTY LLC, | $669,998 | |
| Listed by ZEFF REALTY LLC, | |||
| Jul 27, 2022 | Sold | ||
| Sold | |||
| Apr 19, 2022 | Listed by ZEFF REALTY LLC, | $468,000 | |
| Listed by ZEFF REALTY LLC, | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017