27
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124 Robin Hood Way
About This Property
The outdoor living spaces are designed to maximize lake enjoyment with a vaulted cedar-covered slate patio that transitions seamlessly to the spacious elevated party deck above the boathouse. The boathouse has been upgraded with low-maintenance composite decking, touchless boat cover, jet ski pod, and power lift with manual controls. Additional exterior improvements include a mosquito misting system, gutter guards, mature shade trees, and fenced pet-friendly side yard with black chain link fencing.
Inside, the open-concept design showcases scored concrete floors, vaulted ceilings, dramatic wall of windows, floor-to-ceiling stone accent wall, and wood-burning fireplace overlooking tranquil channel views. The updated kitchen features white cabinetry, granite countertops, subway tile backsplash, and oversized island ideal for gathering and entertaining.
The split-bedroom floor plan offers privacy with a waterside primary suite featuring covered porch access, granite countertops, and walk-in tile shower. Two additional bedrooms positioned toward the front of the home share a guest bath with granite countertops and tile tub-shower combination. Smart home automation allows convenient control of lighting, HVAC, security, and whole-home audio systems.
Residents also enjoy the neighborhood's well maintained deep-water open-water boat launch, fishing pier, and covered pavilion with picnic seating. Conveniently located, this property offers an easy way to enjoy the Cedar Creek Lake lifestyle.
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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 10, 2026 | Price Increased |
$575,000
↑ $10K
(1.8%) | |
| Price Increased | |||
| Jun 16, 2026 | Price Decreased |
$565,000
↓ $10K
(1.7%) | |
| Price Decreased | |||
| May 22, 2026 | Listed by Ebby Halliday Realtors | $575,000 | |
| Listed by Ebby Halliday Realtors | |||
| Sep 20, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 11, 2025 | Price Decreased |
$649,000
↓ $1K
(0.2%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017