47
Map
Video Tour
15437 Mcrae Lake
About This Property
Listed By
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Nov 7, 2026 | Price Decreased |
$849,900
↓ $25K
(2.9%) | |
| Price Decreased | |||
| Oct 8, 2026 | Listed by Keller Williams Realty Northeast | $875,000 | |
| Listed by Keller Williams Realty Northeast | |||
| Oct 20, 2023 | Sold | ||
| Sold | |||
| Aug 3, 2023 | Listed by Walzel Properties | $499,900 | |
| Listed by Walzel Properties | |||
| | |||
|
Discover the perfect blend of luxury & versatility! This remarkable property rests on 2.013 acres of picturesque landscape. The 4bed/2bath main house boasts an impressive 3206 SF & was designed with top-tier finishes, especially in the chef-style kitchen! The 1760 SF prefab steel building w/plumbing offers a myriad of possibilities-whether a workshop, studio, or entertainment space, the choice is yours! Embrace the tranquility of nature on the expansive 3000+ SF wood deck, an ideal spot to host gatherings or unwind after a long day. Weddings took place here too! Take a dip in the pool, perfect for hot Texas days! Picture yourself relaxing in the 660 SF A/C'd pool house, complete with bathroom, kitchen, game room w/a pool table, & space for a bed. The converted A/C'd garage, also has a bathroom, kitchen & space for bed. There is also pool half bath! Don't miss out on this once-in-a-lifetime opportunity to own this gem which can serve as a business, residence, or both! No restrictions!
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About McRae Lake
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,295 /mo
- 3 Beds
- 2 Baths
- 1,807 ft²
$3,000 /mo
- 5 Beds
- 4 Baths
- 3,248 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017