1103 The Cape RD #2
About This Property
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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%.
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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.
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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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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 29, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Jun 2, 2026 | Listed by Horseshoe Bay Living 2, LLC | $2,000,000 | |
| Listed by Horseshoe Bay Living 2, LLC | |||
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Fully furnished northeast-facing waterfront townhome just steps from the world-class amenities of Horseshoe Bay Resort with sweeping open water views of Lake LBJ and the iconic HSB Lighthouse. This move-in ready residence offers approximately 3,737 SF across three levels with 4 bedrooms, 4.5 baths, and exceptional outdoor living spaces including two covered patios, a swimming dock, private single-slip boat dock with lift, and two PWC lifts.
The main level features an open-concept design with expansive picture windows, fireplace, wet bar, game area, dining space, and an island kitchen equipped with stainless steel appliances, Sub-Zero refrigerator, and Thermador double convection ovens. Upstairs, the spacious primary suite includes a fireplace, sitting area with wet bar, private patio access, walk-in closet, and spa-like bath with dual vanities, whirlpool tub, and separate walk-in shower. Two additional guest suites with private baths complete the upper level.
The lower lake level includes a fourth bedroom currently configured as a bunk room with en-suite bath, walk-in closet, and direct access to the patio and boat slip. Furnishings and a 2012 Harris pontoon boat convey (see associated docs), offering a true turnkey opportunity for full-time living or an ideal lock-and-leave lake retreat.
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| Feb 13, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Nov 21, 2023 | Listed by RE/MAX HORSESHOE BAY RESORT SA | $2,350,000 | |
| Listed by RE/MAX HORSESHOE BAY RESORT SA | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/21/2023
| |
4 Bed
|
4.5 Bath
|
3737 ft²
|
$2,350,000
4 Bed
4.5 Bath
3737 ft²
|
-
-
|
Shirl Thornton
Re/Max Horseshoe Bay Resort Sa
|
|
11/21/2023
|
4 Bed
|
5 Bath
|
3737 ft²
|
$2,350,000
4 Bed
5 Bath
3737 ft²
|
-
-
|
Shirl Thornton
Re/Max Horseshoe Bay Resort Sa
| |
|
07/09/2017
| |
6 Bed
|
5 Bath
|
3904 ft²
|
-
6 Bed
5 Bath
3904 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017