85 Waterhouse Rd
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 |
|---|---|---|---|
| Jan 16, 2026 | Sold | ||
| Sold | |||
| Dec 16, 2025 | In contract | - | |
| In contract | |||
| Nov 19, 2025 | Listed by Keller Williams Realty | $789,200 | |
| Listed by Keller Williams Realty | |||
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This beautiful 3-year-old Cape Cod–style ranch blends modern comfort with coastal charm. Located just under a mile from the Bourne Bridge, it offers easy on/off Cape access and sits on a quiet private road surrounded by nature for peace and privacy. The home features 3 bedrooms, 2 full baths, a private primary suite, first-floor laundry, and an open-concept living, dining, and kitchen area with hardwood floors, quartz counters, stainless appliances, and a gas fireplace. Enjoy the farmer’s porch, back deck, and fenced yard—great for relaxing or entertaining. A two-car garage and large unfinished basement offer excellent storage or expansion potential. Minutes from Electric Ave Beach, Monument Beach, the Canal paths, and local favorites like the Lobster Trap and Chartroom, 85 Waterhouse Rd is ideal as a primary home, vacation retreat, or investment.
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| Sep 22, 2022 | Sold | ||
| Sold | |||
| Aug 1, 2022 | Listed by RE/MAX Platinum | $639,999 | |
| Listed by RE/MAX Platinum | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017