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1025 Pecan Ridge
About This Property
This remarkable Waterfront Estate seamlessly combines comfort and sophistication. Overlooking the pristine waters of Possum Kingdom Lake, this property offers breathtaking panoramic views. The residence features 7 bedrooms one of which is a bunkroom sleeping 6 adults and 5.5 baths, including an office space that could potentially be an 8th bedroom with closet, ideal for large family gatherings. Separate workout facility and a mother-in-law suite. The climate-controlled six-car, Showroom Quality garage is equipped with all essential amenities. The open-concept living, kitchen, and dining areas boast soaring ceilings and expansive windows, merging indoor and outdoor spaces. The plush lower-level primary suite offers cruise ship views, a grand ensuite bath, and a posh designer closet with additional laundry facilities. Unleash creativity in the custom craft room, complemented by a large utility room. The estate includes perfectly appointed guest suites, a custom wet bar, and a media room with theater seating and concession station. Outdoor features include a spacious covered patio with spectacular views of Hells Gate and Deep Blue Waters. Handsome WBFP, an outdoor kitchen, a lower-level firepit with seating for those chilly nights as well as a balcony for relaxation or entertainment. A state-of-the-art elevator leads to a two-story dock with a shaded upper deck and double boat slip.
This prime location Is just a quick sea doo trip away from the impressive landmark of Hells Gate. Fully furnished, you'll be ready to embrace a luxurious lake lifestyle!
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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 26, 2026 | Price Decreased |
$5,499,000
↓ $501K
(8.4%) | |
| Price Decreased | |||
| Jul 24, 2026 | Price Decreased |
$5,999,990
↓ $350K
(5.5%) | |
| Price Decreased | |||
| Jun 19, 2026 | Listed by Coldwell Banker Realty | $6,350,000 | |
| Listed by Coldwell Banker Realty | |||
| Jun 2, 2026 | No longer available | - | |
| No longer available | |||
| Apr 11, 2026 | Price Decreased |
$6,350,000
↓ $240K
(3.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017