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139 LAKEWAY Drive
About This Property
Whether you're looking for a private homesite surrounded by acreage, a working agricultural property, or a long-term investment with timber potential, this property gives you plenty of room to make it your own. Imagine building a single-family home tucked away among the trees, with more than 38 acres surrounding you for privacy, recreation, farming, or whatever your vision requires.
A rare combination of usable land, natural features, existing improvements, electricity, and agricultural zoning makes this Georgetown property worth a closer look.
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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 18, 2026 | Price Decreased |
$475,000
↓ $25K
(5%) | |
| Price Decreased | |||
| Aug 13, 2026 | Listed by TIMBER TO TIDES REALTY LLC | $500,000 | |
| Listed by TIMBER TO TIDES REALTY LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017