9902 Waters Lane
About This Property
STUNNING WATERFRONT on approx. one-half acre in gated community. 1-story home offers custom kitchen w- SS appliances, 5-burner gas cooktop, island & breakfast room opens to living room w- coffered ceiling, stone fireplace & wall of windows to lake view. Study w- coffered ceiling, French doors & built-ins. Lake views from Master retreat offers custom shiplap wall, tray ceiling, huge WIC & custom bath. Oversized deck with outdoor lighting is great for evening entertainment & enjoying lakefront sunsets!
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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%.
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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 5, 2024 | Sold | ||
| Sold | |||
| Oct 4, 2023 | Listed by Ebby Halliday, Realtors | $1,049,000 | |
| Listed by Ebby Halliday, Realtors | |||
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Breathtaking sunrise vistas & captivating water views await at this exquisite lakefront home located in gated Waters Edge. Nestled on a generous .568 acre lot with lake access & a private boat dock, this home features ornate details throughout. Inside, stylish modern light fixtures & coffered ceilings add elegance, while the living area's expansive windows offer stunning lake views. The primary suite boasts a shiplap adorned wall & tray ceiling, while the attractive study offers a built in desk & cabs. Additional highlights include a valet area off the utility room & a 3 car garage with painted floors. The chefs kitchen offers stunning granite countertops, abundant cabinetry, a center island, ss appliances, dbl oven, gas cooktop, single basin sink, & walk in pantry. A decorative bar & versatile game room which can be 2nd living space, add to the home's allure. Outside, the covered back patio & spacious deck allow for outdoor living & there is plenty of room for the pool of your dreams!
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| Mar 31, 2021 | Sold | ||
| Sold | |||
| Feb 23, 2021 | Listed by Keller Williams Rockwall | $850,000 | |
| Listed by Keller Williams Rockwall | |||
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MULTIPLE OFFERS RECEIVED, SELLER ASKING FOR HIGHEST AND BEST BY 5pm SUNDAY, FEB 28.
STUNNING WATERFRONT on approx. one-half acre in gated community. 1-story home offers custom kitchen w- SS appliances, 5-burner gas cooktop, island & breakfast room opens to living room w- coffered ceiling, stone fireplace & wall of windows to lake view. Study w- coffered ceiling, French doors & built-ins. Lake views from Master retreat offers custom shiplap wall, tray ceiling, huge WIC & custom bath. Oversized deck with outdoor lighting is great for evening entertainment & enjoying lakefront sunsets!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017