77 Cannonball Lane #LOT174
About This Property
Enjoy the outdoors from your generous screened-in porch, where you can listen to the tranquil sounds of the whispering pines that surround the property. The home has been meticulously cared for, with the exterior recently painted and upgraded lighting adding a touch of modern sophistication.
Watersound Origins offers more than just a beautiful home; it provides a lifestyle. With a 6-month minimum lease policy, the community welcomes both primary and second homeowners, making it an ideal location for year-round living or seasonal escapes. This 1,400-acre community is ideally situated near the stunning beaches of 30A, as well as shopping, dining, and entertainment options. The Village Commons serves as a hub for residents, featuring a resort-style swimming pool, fitness center, and sports courts. The community also boasts parks, walking trails, and access to the serene waters of Lake Powell via a dedicated dock. For golf enthusiasts, the Origins Golf Club offers a six-hole regulation short course that can also be played as a nine-hole executive course or a 10-hole, par-3 layout. Experience a lifestyle that combines modern convenience with an appreciation for naturethis home at Watersound Origins is truly a rare find.
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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 |
|---|---|---|---|
| Feb 10, 2026 | Sold | ||
| Sold | |||
| Jan 9, 2026 | In contract | - | |
| In contract | |||
| Nov 7, 2025 | Price Decreased |
$845,000
↓ $30K
(3.4%) | |
| Price Decreased | |||
| Jul 31, 2025 | Price Decreased |
$875,000
↓ $74K
(7.8%) | |
| Price Decreased | |||
| Mar 25, 2025 | Listed by Watersound Real Estate | $949,000 | |
| Listed by Watersound Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017