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Map
118 LARIAT Drive
About This Property
Escape the hustle and secure an unbeatable deal with this pristine, 4-year-old country estate. Priced significantly below market value for a quick sale, this home sits on a sprawling 1.28-acre nature retreat that directly backs up to the Etoniah Creek State Forest--ensuring ultimate privacy and peaceful wooded views right out your back door.
Interior Highlights:
Move-In Ready: Features brand-new flooring throughout.
Flexible Layout: Two distinct living areas, perfect for entertainment, an office, or a playroom.
Smart Design: Desirable split-floor plan maximizes primary suite privacy.
Primary Retreat: Massive bedroom with a huge garden tub, walk-in shower, and walk-in closet.
Location Perks:
Nature Access: Direct backyard access to miles of state forest trails.
Boating & Fishing: Just 8 minutes to the George's Lake public boat ramp.
Unmatched value and rural tranquility!
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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 17, 2026 | In contract | - | |
| In contract | |||
| Jul 11, 2026 | Price Decreased |
$208,000
↓ $1K
(0.5%) | |
| Price Decreased | |||
| Jul 9, 2026 | Price Decreased |
$209,000
↓ $900
(0.4%) | |
| Price Decreased | |||
| Jul 4, 2026 | Price Decreased |
$209,900
↓ $8K
(3.5%) | |
| Price Decreased | |||
| Jun 30, 2026 | Price Decreased |
$217,500
↓ $3K
(1.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017