1231 Rawhide Ridge
About This Property
Every detail of this exquisite home has been thoughtfully considered, creating a perfect blend of luxury and comfort. Lakeside porches beckon family and friends to unwind and soak in the serene surroundings, making it an ideal retreat for relaxation and entertainment.
Step inside to discover a harmonious blend of style and functionality, featuring gorgeous wood floors, elegant granite countertops, and beautiful travertine tile throughout. The open-concept living spaces are designed for comfortable lake-style living, perfect for hosting gatherings or enjoying quiet evenings by the water.
The fenced backyard ensures your four-legged companions can join in on the lake life, offering plenty of room for play and exploration. With direct access to the beauty and recreation of Possum Kingdom Lake, this home is a true haven for outdoor enthusiasts.
Don't miss your chance to own this remarkable property, where luxury and nature unite to create a truly unforgettable lakeside 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 |
|---|---|---|---|
| May 22, 2026 | Sold | ||
| Sold | |||
| Apr 10, 2026 | In contract | - | |
| In contract | |||
| Feb 3, 2026 | Price Decreased |
$829,000
↓ $20K
(2.4%) | |
| Price Decreased | |||
| Oct 21, 2025 | Price Decreased |
$849,000
↓ $30K
(3.4%) | |
| Price Decreased | |||
| Nov 28, 2024 | Listed by Possum Kingdom Real Estate | $879,000 | |
| Listed by Possum Kingdom Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017