108 Carribean Circle
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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 |
|---|---|---|---|
| May 7, 2026 | Sold | ||
| Sold | |||
| Apr 8, 2026 | In contract | - | |
| In contract | |||
| Mar 10, 2026 | Listed by TX Lake & Land Real Estate | $1,390,000 | |
| Listed by TX Lake & Land Real Estate | |||
| Nov 8, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 14, 2025 | Listed by TX Lake & Land Real Estate | $1,450,000 | |
| Listed by TX Lake & Land Real Estate | |||
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First Time on the Market, Waterfront Home in Deer Island Estates, Cedar Creek Lake! This four bedroom, four full bathrooms plus a guest half bath, 3,287 sq ft waterfront home is available in one of Cedar Creek Lake’s most desirable communities. Built as a second home and meticulously maintained by its original owners, the property offers a rare combination of function and lakefront living. Each bedroom includes a private ensuite bath for maximum comfort and privacy. Open concept kitchen, abundant counter space, and a large island, opening to the family and dining areas for seamless entertaining, all with wonderful open water views. A screened-in back porch extends the living space, providing year-round enjoyment of lake views and surrounding nature. Situated on two landscaped lots totaling over half an acre, the property is shaded by mature oaks and enjoys eastern-facing lake views. The spacious boathouse has a boat slip, or up to four PWCs, offering easy access to the water. Ideal as a full-time residence or vacation retreat, this home’s location, condition, and water access make it a rare opportunity on Cedar Creek Lake.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017