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128 Sceptre Drive
About This Property
From the moment you arrive, the circular drive, clay tile roof, oversized garage, and distinctive architectural details set this home apart. Inside, soaring 20-foot ceilings, skylights, wet bars, an intercom system, and spectacular finishes create a home filled with personality and charm. Dual balconies and a dramatic exterior spiral staircase further enhance the home's one-of-a-kind appeal, while expansive windows invite natural light and tranquil water views throughout.
Step outside to your own private backyard oasis featuring a sparkling heated pool and spa overlooking the pond, wrought iron fencing, mature landscaping, and exceptional privacy. Whether you're entertaining guests or enjoying a peaceful evening by the water, the setting offers a sense of serenity that is increasingly difficult to find.
A whole-house generator provides added convenience and peace of mind year-round. Both fridges in kitchen and garage convey with property.
Located within the prestigious gated community of Chandler's Landing, residents enjoy 24-hour guarded security, marina access, an on-site restaurant, community pools, playgrounds, scenic ponds, tennis courts, parks, walking trails, and a vibrant calendar of community events. The neighborhood's waterfront setting and established landscape make it one of Rockwall's most desirable places to call home.
This is not a cookie-cutter home on a cookie-cutter lot. It's a property filled with character, set on a truly special homesite, offering a lifestyle that is as unique as the home itself, and it's waiting for you!
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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 |
|---|---|---|---|
| Sep 22, 2026 | Sold | ||
| Sold | |||
| Jul 29, 2026 | In contract | - | |
| In contract | |||
| Jul 23, 2026 | Relisted | $620,000 | |
| Relisted | |||
| Jul 16, 2026 | In contract | - | |
| In contract | |||
| Jul 11, 2026 | Price Decreased |
$620,000
↓ $10K
(1.6%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017