122 Estate 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 |
|---|---|---|---|
| Aug 7, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Sep 21, 2023 | Listed by HSB Real Estate, LLC | $13,500,000 | |
| Listed by HSB Real Estate, LLC | |||
| Oct 1, 2022 | No longer available | - | |
| No longer available | |||
| Jul 12, 2022 | In contract | - | |
| In contract | |||
| Jun 23, 2022 | Listed by Re/Max Horseshoe Bay Resort Sa | $10,000,000 | |
| Listed by Re/Max Horseshoe Bay Resort Sa | |||
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Welcome to one of the most distinctive waterfront properties on Lake LBJ. This .85-acre luxury island estate has it all, including over 1,500 feet of gorgeous water, 270-degree lake views and the security of a gated Horseshoe Bay neighborhood. Just a few of the homes unique features include a private bridge entry, decorative fountains, lava rock exterior, stone floors, wood clad ceilings, sculpted limestone walls, and hand carved doors. The great room leaves a lasting impression with vaulted ceilings, woodburning fireplace with lava rock surround, floor to ceiling windows, amazing rotating floor, and unrivaled panoramic views. The chef will surely appreciate the gourmet kitchen offering custom cabinets, wine storage, walk-in pantry and a full complement of stainless-steel appliances. The tranquil master suite features a sitting area, large walk-in closet and private lakeside balcony. The master bath features dual vanities, whirlpool tub and frameless glass shower. Friends and family will enjoy four comfortable lakeside guestrooms, one of which doubles as a second master complete with loft, wet bar and ensuite bath. Your personal private island incudes expansive grounds with multiple outdoor living spaces, sandy beach, resort-style vanishing edge pool with cabana, two boathouses (one with a full guest suite), PWC lifts, lush landscaping and gorgeous trees. This is truly a one of kind Lake LBJ property. Don't miss your chance to own this private mini resort! Sold furnished including 2 boats and 1 Jet-Ski. The manager has listed the unit size as 6002 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017