1408 Tumbling River DR
About This Property
Welcome to this stunning home in Lakeline Ranch, perfectly positioned on a private greenbelt lot with an extended backyard with a shed and peaceful views. This spacious floorplan offers an incredible flow from the moment you walk in, with soaring ceilings, abundant natural light, and a large kitchen that opens to the main living area-perfect for gathering and entertaining.
The oversized primary suite is conveniently located on the main floor, offering privacy and comfort with plenty of space to unwind. Upstairs, you'll find generous secondary bedrooms and flexible space for work, play, or guests.
Major updates are already taken care of - a brand new roof will be installed prior to closing, and carpet will be replaced at move-out, making this home truly move-in ready for the next owner.
Step outside to the extended backyard that backs to a greenbelt, offering rare privacy and plenty of space. Enjoy multiple outdoor seating areas, including a covered patio, an extended patio, and a deck-perfect for relaxing or entertaining.
Located in the desirable Lakeline Ranch community with parks, trails, and convenient access to shopping, dining, and major roadways this home offers the space, updates, and a great location!
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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 |
|---|---|---|---|
| May 12, 2026 | In contract | - | |
| In contract | |||
| Mar 27, 2026 | Listed by KWLS - T. Kerr Property Group | $489,000 | |
| Listed by KWLS - T. Kerr Property Group | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017