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10841 N Waldron Road
About This Property
Welcome to 10841 Waldron Rd, a beautifully maintained home tucked away in a quiet cul-de-sac that offers the perfect balance of ''zen'' and community fun. If you have been searching for the ideal off-lake home that doesn't sacrifice the view, you have found it. This property features a fantastic elevated view of South Lake Leann, providing a daily backdrop of water and sky that is hard to find.
The home itself is exceptionally move-in ready thanks to a long list of recent high-end improvements. You can rest easy knowing the infrastructure is solid with a brand new roof installed in 2021 and a newer electrical panel, hot water heater, furnace, and central AC all updated in 2019. Even the laundry room is refreshed with a new washer and dryer added in 2024. Inside, the floor plan is designed for privacy and flow, featuring a primary master suite on one end of the home and two additional bedrooms situated across the living area.
Living in Lake Leann means joining a highly sought-after and engaging community. The lifestyle here is unmatched, featuring spirited boat and golf cart parades, amazing beach parks for the kids, and a full fish-stocking program that provides some of the best fishing around. Best of all for off-lake homeowners, you have the unique opportunity to enter a lottery for a season-long dock slip on either North or South Lake Leann, giving you the full lakefront experience.
Whether you are enjoying the peace and tranquility of the lake-facing deck or planning out your next fishing spot, this home offers a rare combination of modern reliability and vacation-style living.
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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 |
|---|---|---|---|
| Jun 2, 2026 | No longer available | - | |
| No longer available | |||
| May 29, 2026 | Sold | ||
| Sold | |||
| Apr 25, 2026 | In contract | - | |
| In contract | |||
| Mar 25, 2026 | Price Decreased |
$199,000
↓ $6K
(2.9%) | |
| Price Decreased | |||
| Jan 15, 2026 | Relisted | $205,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017