1082 Gaines Creek Loop
About This Property
Step outside to the expansive back deck, the perfect spot to unwind and enjoy spectacular sunsets over the water. The property also features an oversized detached building with insulation and electricity, ideal for a future bunkhouse, studio, or secure storage for all your lake toys.
Whether you're dreaming of weekend getaways or year-round lakefront living, this home has it all. Don't miss your chance to own your slice of lake paradise? Schedule your private tour today!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 9, 2026 | Price Decreased |
$374,900
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Sep 9, 2026 | Price Decreased |
$379,900
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Jul 7, 2026 | Price Decreased |
$384,900
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Jun 16, 2026 | Price Decreased |
$389,900
↓ $10K
(2.5%) | |
| Price Decreased | |||
| May 18, 2026 | Listed by Hearth Homes Realty | $399,900 | |
| Listed by Hearth Homes Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017