7601 Tidewater Drive
About This Property
a vaulted entry with updated lighting, tile flooring, and laminate wood floors that continue through the
dining room, living room, and first floor bedroom. Arched entryways and art niches add architectural
character throughout, along with stylish designer paint colors that give the home a warm and curated feel. The living room centers around a black brick wood burning fireplace with gas starter, plus a decorative
arched niche perfect for artwork or decor, and views of the backyard. The kitchen features freshly painted
cabinetry with stylish black hardware, stainless appliances, gas range with double oven, built in
microwave, breakfast bar seating, pendant lighting, and a spacious pantry. The breakfast area includes a
bright bay window overlooking the walking path. A first-floor bedroom with closet offers flexibility for
guests or a private home office. Upstairs, the primary suite includes a garden tub, separate shower, dual
sinks, and walk in closet. Two additional bedrooms feature laminate flooring, ceiling fans, spacious
closets, and designer accent walls, with one offering a bay window and another a board and batten feature
wall. The backyard includes a covered patio, pergola with roll down shades, storage shed, and play
structure. Solar screens, an eight foot board on board fence, and rear entry garage add to the home's
functionality and curb appeal. FULL FEATURES LIST AVAILABLE
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 23, 2026 | Sold | ||
| Sold | |||
| Apr 1, 2026 | In contract | - | |
| In contract | |||
| Mar 18, 2026 | Listed by Keller Williams Rockwall | $395,000 | |
| Listed by Keller Williams Rockwall | |||
| Sep 23, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 23, 2025 | Price Decreased |
$393,500
↓ $400
(0.1%) | |
| Price Decreased | |||
Property Highlights
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017