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1131 Panorama Way
About This Property
Residents of The Ranch enjoy resort-style amenities unlike any other development on the lake. A stunning waterfront complex features a pool, multiple hot tubs, and a clubhouse designed for relaxation and entertaining. Additional amenities include a private boat ramp, courtesy slips, tennis courts, sand volleyball, baseball field, and a fully equipped fitness center. For outdoor and equestrian enthusiasts, the community offers an on-site equestrian center, miles of scenic riding and ATV trails, and over 1,100 acres of shared common area to explore. Unique features such as a lakeside skeet range, a peaceful meditation chapel, and a signature lighted cross atop the mountain create an unmatched lifestyle experience. Rustic elegance, panoramic views, and unmatched amenities, this is lake living at its finest. Opportunities like this are limited. Secure your piece of Possum Kingdom 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 |
|---|---|---|---|
| Aug 1, 2026 | No longer available | - | |
| No longer available | |||
| Mar 31, 2026 | Listed by Monument Realty | $950,000 | |
| Listed by Monument Realty | |||
| Jul 24, 2020 | Sold | ||
| Sold | |||
| Mar 9, 2020 | No longer available | - | |
| No longer available | |||
| Feb 22, 2020 | Listed by Clark Real Estate Group | $229,000 | |
| Listed by Clark Real Estate Group | |||
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The Ranch on Possum Kingdom Lake is a premier lakefront community with many amenities including; an equestrian center, million dollar swimming pool, boat ramp, community boat dock, and guarded gated entrance.
This beautiful lot has many trees that offer privacy and seclusion. Lot has panoramic lake views with 200' of waterfront.
The neighboring lot is for sale as well. Purchasing both lots with give a buyer a wonderful waterfront property.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017