701 Waterlane 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%.
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 |
|---|---|---|---|
| Dec 17, 2021 | Sold | ||
| Sold | |||
| Oct 26, 2021 | Listed by Ebby Halliday, REALTORS | $550,000 | |
| Listed by Ebby Halliday, REALTORS | |||
| Jul 29, 2017 | Listed | $429,900 | |
| Listed | |||
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Luxury home in the highly desired, gated community of Waterford Park. This 4 bedroom, 3 bath home is full of custom upgrades & ready for your family! As you approach the home you are greeted by a cedar garage door with swing entry & a beautiful mahogany front door that blends lovely with the manicured, lush lawn landscape. Inside you will enjoy formal dining, large open living and kitchen area overlooking the patio equipped with a built in grill, gas starter fireplace, sink and fridge. The study with large closet and could serve as a 5th bedroom. Upstairs game & media rooms plus a built in desk area. Instant hot water, water softener system, highly energy efficient and packed full of extras. The manager has listed the unit size as 3565 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017