6227 Waters Edge Drive
About This Property
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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 |
|---|---|---|---|
| May 31, 2024 | Sold | ||
| Sold | |||
| Feb 8, 2024 | Listed by Morris Realty Co., LLC | $719,999 | |
| Listed by Morris Realty Co., LLC | |||
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PRIVATE IN-LAW SUITE! Wheelchair accessibility! Beautiful 7 bedroom/ 5 full baths/ 2 half baths with 4 sides brick with lake views and a cul-de-sac home located in a private gated community. Agent/owner has done too many updates and repairs to list including replacing 2 HVAC Units, fresh paint throughout, shiplap, backsplash in kitchen, tile basement, new stairs on double stairway on front porch, fenced back yard, painted all shutters and window seals, remodeled master bathroom, new lighting, finished the 7th bedroom, finished the 5th full bathroom, and so much more. Offering up to 15k toward buyer's closing costs or buydown rates with full price offer. BASEMENT IS A MUST SEE. DAYLIGHT BASEMENT INCLUDING 2 BEDROOMS, 2.5 BATHROOMS, LAUNDRY, PANTRY, EAT IN KITCHEN, LIVING, DINING/OFFICE, AND ONE CAR GARAGE.
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| Dec 18, 2020 | Sold | ||
| Sold | |||
| Mar 10, 2020 | Listed by Mark Spain Real Estate | $497,500 | |
| Listed by Mark Spain Real Estate | |||
| Jul 30, 2017 | Listed | $525,000 | |
| Listed | |||
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Have a feeling of security and significance entering the private gated Lake Community to your stunning Custom Build 4 sided brick home. HANDICAP ACCESSIBILITY through garage on main level. Beautiful hardwood floors, plantation shutters and stone counter tops. Open Dining Room/Great Room w/ fireplace. Enjoy your morning coffee relaxing on the private back patio. Master Suite offers Double Vanities, separate shower and whirl pool tub. This home features a very spacious In Law Suite, with Full Kitchen, Laundry room, Fireplace and with private entrance-separate garage. Basically 2 homes in 1. There is even a Teen Suite upstairs! This home is Perfect for entertaining your Guest. Swim/Tennis/Lake & Community Dock. Also in Social Circle School District.The manager has listed the unit size as 5328 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017