7213 WATERLOO PASS
About This Property
Step inside to find a bright, open layout with vaulted ceilings, abundant natural light, fresh paint, recessed lighting, and ceiling fans in every room. The home has been extensively improved with major updates including new windows (2021), roof & gutters (2020), HVAC system (2023), water heater (2023), attic insulation & air sealing (2024), and a fully encapsulated crawlspace with sump pump and dehumidifier (2023).
Additional upgrades include new carpet (2022), deck rebuild (2022), updated bathrooms, recessed lighting throughout (2024), and newer appliances including washer, dryer, and refrigerator (2023–2024).
One of the standout features is the solar panel system with backup battery (2026), offering energy efficiency, long-term savings, and peace of mind.
Outside, enjoy the backyard-perfect for relaxing or entertaining-with a freshly painted deck, playset, and custom wooden playhouse (2025). The covered front porch adds even more space to unwind.
Complete with a one-car garage and built-in storage, this home is truly move-in ready with significant recent updates throughout.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017