8817 Waters Lane
About This Property
Enjoy the continuous floor throughout the entire home. No expense was spared as they sought to improve and upgrade the home to a more modern feeling. A highlight of all of the upgrades would be the modern floor to ceiling fireplace surround with electric fireplace that heats. They also installed a 10-year aquasana water filtration system for the entire home. Enjoy the large 9-foot sliding glass Anderson door to the patio.
Even the staircase was upgraded with a white oak, handrail, and posts. With wrought iron, balusters, custom-made for the staircase.
As you tour the home. You will be impressed as it has a new home feel. Three-car garage with suspended and closet storage.
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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 |
|---|---|---|---|
| Jun 21, 2024 | Sold | ||
| Sold | |||
| May 4, 2024 | In contract | - | |
| In contract | |||
| Feb 28, 2024 | Listed by Real | $629,000 | |
| Listed by Real | |||
| Dec 3, 2021 | No longer available | - | |
| No longer available | |||
| Nov 11, 2021 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017