131 Private Road 6070
About This Property
Enjoy lakefront living in this beautifully maintained home nestled in the sought-after Point of Rayburn Country. This fully furnished 4-bedroom, 3-bath property offers a private sandy beach, breathtaking sunsets, and direct water access just steps from your back door.
The upstairs features two ensuite bedrooms - including one with a balcony offering panoramic lake views. An open-concept kitchen, dining, and living space creates a seamless connection to the outdoors, making it perfect for entertaining and relaxing.
Investment Highlights:
Airbnb revenue of $50,000+ in 2023
5-year rental history
6% net cap rate
Strong year-round rental demand
Turnkey setup - includes all furnishings, appliances.
Outdoor Features:
Private sandy beach
Wrap-around deck with entertaining space
Direct lake access for watercraft and water sports
This is an ideal property for buyers seeking a vacation home with income potential or a turnkey short-term rental. Schedule your tour today and explore all the possibilities.
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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 23, 2025 | Sold | ||
| Sold | |||
| Jul 31, 2025 | In contract | - | |
| In contract | |||
| Jun 22, 2025 | Price Decreased |
$649,500
↓ $26K
(3.8%) | |
| Price Decreased | |||
| Nov 12, 2024 | Listed by RE/MAX Dallas Suburbs | $675,000 | |
| Listed by RE/MAX Dallas Suburbs | |||
| Dec 29, 2022 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017