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161 Milestone RD
About This Property
Inside, an open floor plan is filled with natural light from expansive windows and anchored by rich wood floors throughout the main living areas. The inviting living room showcases breathtaking backyard views and a dramatic floor-to-ceiling stone fireplace that creates a warm focal point for gatherings or quiet evenings at home. The kitchen is thoughtfully designed with granite countertops, an island with bar seating, abundant dark wood cabinetry with pull-out drawers, stainless steel appliances, a pantry, and a nearby dining area-perfect for hosting and effortless daily living.
The backyard is the undeniable highlight-a true private paradise with no neighbors behind. Spend your afternoons lounging by the sparkling pool as the waterfall gently cascades, prepare meals in the outdoor kitchen, or gather around the outdoor fireplace under the stars. Multiple seating areas invite you to entertain guests or unwind while taking in serene views of mature trees and peaceful nature, creating a resort-style escape right in your own backyard.
Adding to its appeal is a low 1.72 tax rate and a location that perfectly balances tranquility with convenience. While it feels like you're away from it all, the home is just minutes from nearby schools, shopping, dining, and recreation options, with easy access to Highway 29 and major routes including the 183 Toll Road. This exceptional property offers the best of refined Hill Country living with privacy, space, and accessibility all in one remarkable home.
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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 |
|---|---|---|---|
| Feb 11, 2026 | In contract | - | |
| In contract | |||
| Jan 17, 2026 | Listed by KWLS - T. Kerr Property Group | $850,000 | |
| Listed by KWLS - T. Kerr Property Group | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017