40
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14500 Flat Top Ranch RD
About This Property
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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 |
|---|---|---|---|
| Jun 15, 2026 | Listed by Kuper Sotheby's Int'l Realty | $12,900,000 | |
| Listed by Kuper Sotheby's Int'l Realty | |||
| Jun 13, 2026 | No longer available | - | |
| No longer available | |||
| Jun 10, 2026 | Price Decreased |
$12,900,000
↓ $350K
(2.6%) | |
| Price Decreased | |||
| Apr 17, 2026 | Listed by Kuper Sotheby's Int'l Realty | $13,250,000 | |
| Listed by Kuper Sotheby's Int'l Realty | |||
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Set behind dual gated entries along one of the most coveted stretches of Lake Austin, Butterfly Beach is a Santa Barbara inspired estate offering exceptional privacy, scale, and craftsmanship. Positioned on nearly three acres with over 250 feet of waterfront, the property features a grand, level arrival, tranquil pond, and a courtyard framed by gardens and flowering vines.
The residence spans more than 7,500 square feet, designed to live in harmony with its surroundings, with nearly every room opening to the landscape and lake beyond. Interiors are defined by hand troweled Venetian plaster walls, custom ironwork, bespoke lighting, and a refined material palette throughout. A dedicated wine room and a flexible theater room, which can serve as a bedroom or exercise studio, add versatility.
At the center of the home, the chef’s kitchen features custom cabinetry, marble and granite surfaces, and a Lacanche French range. Supporting spaces include a butler’s pantry, additional refrigeration, and generous storage. A central reverse osmosis system services five locations, including the kitchen, butler’s pantry, coffee bar, wet bar, and outdoor kitchen.
Outdoor living offers expansive terraces, a negative edge pool, and a private two slip boat dock with upper entertaining deck and automated screens. Surrounded by nearly eight acres of protected wildlife preserve, the property provides a rare sense of privacy.
A separate guest casita with private access includes a bedroom, full bath, and flexible living space. Additional features include a five car garage configuration with climate controlled workshop, glass show garage, and a fire suppression system.
Rare opportunity to own a premier Lake Austin estate.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017