Tucked inside gated Lighthouse Landing, this beautifully maintained
single-story home sits on a generous .691-acre interior lot
adjacent to greenbelt space, offering privacy, mature trees & a
peaceful Cedar Creek Lake-area setting. Designed with
ADA-accessible features including wider doorways, hallways & other
accessibility details, the 4-bedroom, 2.1-bath layout offers
comfort, easy movement & room to gather. The spacious living area
features wood flooring, decorative ceiling detail & a double-sided
brick wood-burning fireplace that connects beautifully to the
screened patio-sunroom for easy indoor-outdoor living. The kitchen
includes granite counters, island, breakfast bar, built-ins,
walk-in pantry, double oven, electric cooktop, refrigerator & open
sightlines to the breakfast area & living spaces. The oversized
primary suite offers a sitting area, ensuite bath, custom closet
system, large vanity, built-ins, linen storage & generous walk-in
closet space. Split secondary bedrooms offer walk-in closets, with
an ensuite-style layout & Jack-and-Jill bath for great function.
The private office includes built-ins, plus a hidden safe room
concealed behind a custom bookshelf with dedicated monitoring
station for the hardwired indoor-outdoor security camera system.
Additional highlights include dual-zone HVAC, recessed LED & halo
accent lighting, tile & wood flooring, natural woodwork,
wainscoting, large utility room with sink, side-entry garage &
whole-home generator powered by a 500-gallon underground propane
tank. Outside, enjoy a large backyard, covered porch connecting a
generous patio & peaceful greenbelt surroundings. Neighborhood
features include gated entry, greenbelt space, jogging-bike path &
perimeter fencing. Buyer may also join nearby Cedar Creek Country
Club, offering an 18-hole golf course, pickleball & tennis courts,
pool & additional club amenities. Located in Mabank ISD with
convenient access to Cedar Creek Lake-area dining, shopping &
recreation.
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.
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