1023 Cardinal 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 18, 2025 | Sold | ||
| Sold | |||
| Mar 10, 2025 | In contract | - | |
| In contract | |||
| Feb 20, 2025 | Listed by The Brokerage Residential LLC | $2,550,000 | |
| Listed by The Brokerage Residential LLC | |||
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Welcome to your dream lakefront home! This stunning new property boasts a modern open floor plan that seamlessly blends luxury, comfort, and tranquility. Nestled in a quiet cove, it features a private dock, a sparkling pool, and a basketball court—perfect for an active family seeking the ideal home away from home. As you walk through the front door, your eyes will be drawn to the wall of glass that frames a breathtaking view of the serene swimming pool and the calm lake beyond. The open concept living, dining, and kitchen area is bright and welcoming, offering a perfect space to unwind after a long day. Two large glass sliders lead to a spacious outdoor patio with vaulted wood plank ceilings. Here, you can enjoy your favorite sporting events on the large outdoor TV while grilling or lounging by the pool. Dine or play cards at the large round outdoor table, all while taking in the stunning views. The master suite is a sanctuary with a wall of windows overlooking the pool, basketball court, and quiet cove. Wake up to beautiful sunrises over the cliff wall from the comfort of your bed. The master bathroom features two separate vanities, a soaking tub, a walk-in shower, and a separate toilet room. A second king bedroom is located next to a full bathroom with a walk-in shower, while two additional bedrooms each feature two queen beds and share a bathroom with a double vanity, walk-in shower, and separate toilet area. The two-car garage with separate access to the upstairs suite with two queen beds and a full bathroom is approximately 420 additional sqft, making the property a 5 bedroom, 4 bath. This beautiful home offers everything you need for a life of luxury and relaxation by the lake. Don’t miss the opportunity to make it yours!
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| Jul 16, 2021 | Sold | ||
| Sold | |||
| Aug 28, 2020 | Listed by Berkshire HathawayHS Pondera | $700,000 | |
| Listed by Berkshire HathawayHS Pondera | |||
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Great building site available in a peaceful cove in the highly desirable Gaines Bend development at Possum Kingdom Lake One of the last of its kind! Site has existing rock work, retaining walls, and rock columns in place. This beautiful lot is in dock-approved area of the lake. This cove n Gaines Bend is perfect for families with kids and grandkids. Lot is nearly a half-acre and is level with the water. Build the home of your dreams and start making family memories in one of PK’s premier neighborhoods
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017