50
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11440 Outpost Cove Drive
About This Property
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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 9, 2026 | Listed by Martha Turner Sotheby's International Realty | $1,850,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| May 8, 2026 | No longer available | - | |
| No longer available | |||
| Mar 24, 2026 | Price Decreased |
$1,850,000
↓ $150K
(7.5%) | |
| Price Decreased | |||
| Feb 14, 2026 | Price Decreased |
$2,000,000
↓ $200K
(9.1%) | |
| Price Decreased | |||
| Dec 3, 2025 | Listed by Synergy Real Estate Professionals | $2,200,000 | |
| Listed by Synergy Real Estate Professionals | |||
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2.56 acre estate in exclusive gated community, with direct lake access via private boat dock and covered slip and lift. Current owners purchased the unfinished home in 2022 and completed construction in 2023. Enjoy enchanting peek-a-boo views of Lake Conroe, exquisite high-end finishes, Southern exposure, and soaring ceilings adorned with intricate details. The floor plan seamlessly connects living spaces with gleaming kitchen and fully equipped butler's pantry. A wet bar and wine grotto are tucked under a charming barreled ceiling and connect the formal dining room. The spacious primary suite features a luxurious bathroom with a jetted, sunken tub, walk-in shower, double sinks and vanities, and an extensive closet. Upstairs, two secondary bedrooms boast ensuite bathrooms, while the fourth bedroom offers a generous storage closet. Your outdoor oasis has a sparkling pool and a tranquil courtyard with raised herb garden and built-in pizza oven. See photo captions for additional features.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017