9819 DISCOVERY TERRACE
About This Property
Located just steps from the first green, this property offers immediate access to the Waterlefe Golf Club, a par-72 championship course that has hosted the U.S. Open Local Qualifier an unprecedented eight times. As a resident, you gain access to the River Club at Waterlefe, which recently underwent significant renovations. Amenities include resort-style riverfront dining, a full-service restaurant, and a poolside Tiki Bar. For those focused on fitness, the "#lefelife" offers a 24/7 fitness center with state-of-the-art equipment and a fitness studio offering weekday classes led by a trained coach. Just beyond the gym sits a Junior Olympic-sized saline swimming pool and a Tiki Bar where you can enjoy a tropical drink and a light bite while soaking in the sun's rays.
Waterlefe also offers a 59-slip marina with direct access to the Manatee River and the Gulf of Mexico-a rarity much appreciated by residents. Discover the hallmark of the #lefelife in a community that blends championship golf with a world-class marina lifestyle. Please note that taxes include the CDD fee and that this home is exempt to finance charges associated.
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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 |
|---|---|---|---|
| May 15, 2026 | Sold | ||
| Sold | |||
| Apr 16, 2026 | In contract | - | |
| In contract | |||
| Apr 8, 2026 | Price Decreased |
$599,500
↓ $10K
(1.6%) | |
| Price Decreased | |||
| Mar 26, 2026 | Price Decreased |
$609,500
↓ $7K
(1.1%) | |
| Price Decreased | |||
| Mar 17, 2026 | Price Decreased |
$616,500
↓ $12K
(1.9%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017