1003 Wax Wing Cove
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 |
|---|---|---|---|
| Apr 17, 2026 | Sold | ||
| Sold | |||
| Apr 7, 2026 | In contract | - | |
| In contract | |||
| Feb 16, 2026 | Listed by Century 21 Mike Bowman, Inc. | $4,295,000 | |
| Listed by Century 21 Mike Bowman, Inc. | |||
| Jan 1, 2026 | No longer available | - | |
| No longer available | |||
| Sep 17, 2025 | Listed by Century 21 Mike Bowman, Inc. | $4,295,000 | |
| Listed by Century 21 Mike Bowman, Inc. | |||
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Iconic NEW BUILD Lakefront Retreat in Gaines Bend!!
Situated in a calm cove of the highly sought-after Gaines Bend community, this iconic home offers the perfect blend of privacy and lakefront living. With immediate access to the main channel of Possum Kingdom Lake, you’ll enjoy seamless days on the water from your private dock with 12ft of water and oversized boat garage. The spacious open-concept design includes 5 bedrooms, each with its own private en suite, creating a comfortable retreat for family and guests. A home office, second living space, wine room, dry bar, butlers pantry and more are just a few extras in this custom new build home! Designed for entertaining, the home offers a pool and hot overlooking PK, a fully equipped outdoor living center, and expansive spaces that flow effortlessly from indoors to out. Whether relaxing by the water, hosting friends around the pool, or setting off for a day on the lake, this property captures the best of Possum Kingdom living.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017