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Map
1417 Evening Primrose Drive
About This Property
The lot features a large cleared area at the front with a gradual slope to the north, providing flexibility for a variety of home designs while still preserving tree coverage. Its north-to-south orientation allows for favorable natural light and scenic views.
Located just minutes from Possum Kingdom Lake, residents can enjoy convenient access to the water along with the community's available amenities. Set among rolling hills with a rich ranch and lake life setting, the neighborhood offers a peaceful environment for full-time living or a weekend retreat, with opportunities for walking, enjoying nature and lake views from the hilltop with all its natural surroundings.
This property is well suited for buyers looking to build a custom home in a setting that offers serenity from those long days, and open space for your family to freely enjoy. This is the one 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 |
|---|---|---|---|
| Aug 14, 2026 | Sold | ||
| Sold | |||
| Jul 25, 2026 | In contract | - | |
| In contract | |||
| Jul 17, 2026 | Price Decreased |
$47,900
↓ $5K
(9.5%) | |
| Price Decreased | |||
| Jun 22, 2026 | Price Decreased |
$52,900
↓ $2K
(3.6%) | |
| Price Decreased | |||
| Apr 15, 2026 | Price Decreased |
$54,900
↓ $3K
(4.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017