6709 Waterford 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%.
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 |
|---|---|---|---|
| Jun 1, 2022 | Sold | ||
| Sold | |||
| Apr 1, 2022 | Listed by RE/MAX Action | $439,900 | |
| Listed by RE/MAX Action | |||
| May 7, 2020 | No longer available | - | |
| No longer available | |||
| Apr 23, 2020 | Price Decreased |
$197,500
↓ $22K
(10%) | |
| Price Decreased | |||
| Mar 23, 2020 | Listed | $219,450 | |
| Listed | |||
| | |||
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All the heavy lifting has been done. Buyer can finish drywall, choose colors, flooring and finishes. Property is being sold as-is. Taxes prorated at 100%. Seller is exempt from disclosures and will not provide termite or survey. Buyer is responsible for all inspection(s) and repair(s). Buyer's prequalification & proof of funds must accompany all offers. All offers must be submitted by the buyer's agent using the online offer management system. See agent remarks. Allow time for seller's response. Employees or directors of JPMorgan Chase & Co. and its direct and indirect subsidiaries are strictly prohibited from directly or indirectly purchasing any property owned or serviced by or on behalf of JPMorgan Chase & Co. or its direct and indirect subsidiaries. Seller has received multiple offers and requested Highest and Best by Monday, May 4, 2020 @ 11:59 pm MST. Please present your Highest and Best offer by that time. The manager has listed the unit size as 3076 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017