1201 Lake Cross Road
About This Property
Fresh interior paint throughout transforms the home, creating a bright, cohesive look and a natural flow from room to room. Multiple living spaces provide flexibility for everyday living and entertaining, including a dramatic second living area with vaulted ceilings and a striking white-washed, wood-burning fireplace that serves as a stunning focal point.
The kitchen is both functional and inviting, featuring granite countertops, abundant cabinetry, double ovens, an electric cooktop, a large pantry, and a breakfast nook overlooking the backyard. A nearby home office or flex space offers direct patio access-ideal for work-from-home or hobby use. Flooring includes a mix of tile, wood, and carpet, and dual cooling systems ensure comfort year-round.
The spacious primary suite offers privacy and direct access to the backyard, with an ensuite bath featuring a garden tub, separate shower, and walk-in closets. Outside, winding walkways, established garden spaces, and mature landscaping create a serene, park-like setting. The expansive lot provides ample room for a pool, guest quarters, workshop, or future expansion, while a circular driveway adds convenience and curb appeal.
Hideaway residents enjoy golf, swimming, boating, tennis, pickleball, playgrounds, and a lodge with restaurant, all within a secure, gated environment. This home offers more than just space-it offers a lifestyle.
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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 |
|---|---|---|---|
| Apr 3, 2026 | Sold | ||
| Sold | |||
| Mar 9, 2026 | In contract | - | |
| In contract | |||
| Jan 22, 2026 | Price Increased |
$399,999
↑ $6K
(1.4%) | |
| Price Increased | |||
| Jan 19, 2026 | Listed by I-20 Team Real Estate, LLC | $394,500 | |
| Listed by I-20 Team Real Estate, LLC | |||
| Jan 1, 2026 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017