108 Private Road 127
About This Property
Enjoy modern lake living less than one mile from McCown Valley Park and Lake Whitney. Built in 2024, this move-in-ready 3-bedroom, 3-bath barndominium offers 1,750 square feet of flexible living space, central heating and air, and no HOA. The two-story layout includes a second primary bedroom, making it well suited for guests, multigenerational living, or anyone seeking additional privacy.
Inside, the bright interior features luxury vinyl plank and tile flooring, recessed lighting, ceiling fans, and contemporary black accents. The spacious kitchen offers white shaker-style cabinetry, dark countertops, a subway tile backsplash, stainless-steel appliances, and generous space for cooking and entertaining. All appliances convey.
Outside, the expansive covered concrete area provides convenient parking for vehicles, a boat, or lake equipment. The fenced backyard features mature shade trees, a dog run, brick patio area, and a detached storage building with electricity-ideal for a workshop, hobby space, or secure storage.
With its low-maintenance metal exterior, modern finishes, flexible floor plan, and convenient access to boating, fishing, camping, and recreation, this property is ready to serve as a full-time residence or Lake Whitney getaway.
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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 |
|---|---|---|---|
| Sep 13, 2026 | Price Decreased |
$194,900
↓ $5K
(2.5%) | |
| Price Decreased | |||
| Aug 1, 2026 | Listed by Ricochet Realty LLC | $199,900 | |
| Listed by Ricochet Realty LLC | |||
| May 8, 2026 | Sold | ||
| Sold | |||
| Mar 19, 2026 | In contract | - | |
| In contract | |||
| Mar 5, 2026 | Price Decreased |
$112,200
↓ $20K
(15%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017