101 Bay Point DR
About This Property
The heart of the home is the chef's kitchen, featuring high-end finishes including custom cabinets, quartz counters, and stainless steel gas appliances including double dishwashers. Retreat to the primary suite with its panoramic lake views and well appointed bathroom boasting dual sinks, soaking tub, a separate glass shower and custom closet providing ample storage.
Additional highlights include a versatile layout with a total of four bedrooms and en-suite bathrooms with a study/flex room. Fully landscaped backyard with custom fire pit and party deck above the boathouse for enjoyable shaded summer evenings.
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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 |
|---|---|---|---|
| Aug 14, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Jul 2, 2024 | Price Decreased |
$2,500,000
↓ $250K
(9.1%) | |
| Price Decreased | |||
| Mar 27, 2024 | Listed by Horseshoe Bay Living 2, LLC | $2,750,000 | |
| Listed by Horseshoe Bay Living 2, LLC | |||
| Jan 2, 2024 | No longer available | - | |
| No longer available | |||
| Jun 9, 2023 | Listed by Keller Williams Realty - SW Mrkt Ctr | $2,750,000 | |
| Listed by Keller Williams Realty - SW Mrkt Ctr | |||
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SHORT TERM RENTALS are ALLOWED in this INCREDIBLE VALUE, minutes from Horseshoe Bay Resort's core amenities. The newly renovated waterfront home exudes modern elegance, sited on a large corner lot off Horseshoe Bay's main boulevard. Masterful design embodies the open-concept great room, and the dining room picture windows feature lake views, while doors lead to gracious outdoor living. A fireplace casts its warming glow, and a chef's kitchen is clad with high-end finishes, including custom cabinets, tile splash, elegant quartz counters, and stainless appliances, with double dishwashers. Steps away, the primary suite presents expansive windows overlooking the lake, and the tasteful en-suite owner bath features dual sinks, a soaking tub, a separate glass shower, and elegant lighting. The owner's custom closet provides two built-in dressers and generous storage. Off the entry, a second bedroom with an on-suite bath is centrally located and could also serve as a study, and a third guest bedroom offers closets large enough to house a pair of bunk beds. Upstairs, two additional bedrooms with on-suite baths are ideal for your guests. Entertain from a waterside firepit, then sunbathe or gather on the deck above the boathouse to share stories after a fun-filled day on the lakes or links. As night falls, count the stars in the endless Texas skies. Brochure or Luxury Magazine copy: 544 characters Short term rentals are allowed in this incredible value, minutes from Horseshoe Bay Resort's core amenities. Masterful The manager has listed the unit size as 3066 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017