1200 Long Mountain DR
About This Property
Listed By
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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 |
|---|---|---|---|
| Jul 28, 2026 | Listed by Lakes and Hills Realty | $1,750,000 | |
| Listed by Lakes and Hills Realty | |||
| Dec 29, 2019 | No longer available | - | |
| No longer available | |||
| Apr 21, 2019 | Price Decreased |
$1,590,000
↓ $10K
(0.6%) | |
| Price Decreased | |||
| Apr 4, 2019 | Listed | $1,600,000 | |
| Listed | |||
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This home has an insulated barn and 1/1 cottage. The house boasts a gorgeous native stone, stucco, and cedar exterior overlooking 100’ of a sheltered part of constant level Lake LBJ (Colorado Arm). The State Fish Hatchery across the lake means no houses in the lake view. The 3/2 main house, elevator, constructed of 2x6 exterior walls and spray foam insulation making it energy efficient, and a 1/1 595 sq ft guest house, 30x50 insulated storage barn for toys, and RV hook ups make this a one of a kind property. Main house is designed for comfort and luxury boasting granite countertops, custom Knotty Alder cabinets, stainless steel appliances, and custom lighting. Delightful living/dining areas with vaulted wood ceiling draw the eyes to the lake view and open to expansive screened porch, decks and covered outdoor entertaining area below, making the most of the lakeside venue. It has a custom bar area and elevator. The Private master suite has awesome views, sitting area and huge bath with spa shower, air jetted tub and a hugh custom closet with built in vanity and storage. The magnificent pecan trees line the river and offer plenty of shade in the summer while a remote controlled gas fireplace is perfect for those cool winter evenings. The waterfront offers fishing, boating, lake fun plus, house living quarters are above the flood plain, and the first floor can withstand a flood and not be harmed. It is also open to the lake. The near record October 2018 flood did not reach the first floor. The manager has listed the unit size as 2855 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017