118 Roy Nichols DR
About This Property
Welcome to this stunning, newly custom-built home nestled in the highly sought-after Vaaler Creek Golf Club community. Thoughtfully designed with an elegant blend of modern sophistication and timeless style, this exceptional 5-bedroom, 3.5-bath home offers luxurious finishes, spacious living, beautiful engineered hardwood flooring and abundance of natural light that flows throughout the home, complements the refined details and inviting atmosphere.
The impressive primary suite is a true private retreat, featuring direct access to the backyard, a spa-inspired bathroom, and an enormous walk-in closet. Designed for both everyday comfort and effortless entertaining, the home extends outdoors to an expansive back porch complete with an outdoor kitchen-perfect for hosting gatherings, enjoying peaceful evenings, or taking in the beautiful golf course views right from your backyard.
Backing directly to the golf course, this remarkable property offers a wonderful opportunity to enjoy the lifestyle that makes Vaaler Creek so desirable. With its custom craftsmanship, sophisticated finishes, generous bedroom count, and exceptional indoor-outdoor living spaces, this home is the perfect blend of luxury, comfort, and Hill Country charm.
This golf course community offers central water and sewer, high speed internet, excellent restrictions, a junior Olympic pool, and paved roads with a limited-access gate. As a property owner, you will also enjoy 2 free rounds of golf per month at Vaaler Creek Golf Club.
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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 |
|---|---|---|---|
| Oct 22, 2026 | Listed by Pure Realty | $795,000 | |
| Listed by Pure Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017