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Map
1623 TANGLEWOOD Drive E
About This Property
Step outside to enjoy the ultimate waterfront lifestyle with an expansive deck, hot tub, multiple outdoor seating areas, and two private docks. One dock is ideal for relaxing by the water, while the second includes a new boat lift and slide for endless lake enjoyment. A charming bunk shed with electricity and a window unit provides additional flexible space for guests, hobbies, or a private retreat.
Additional features include a 3-car garage, lake-fed sprinkler system, and drip irrigation for flower beds. Whether you're searching for a full-time residence or a weekend getaway, this exceptional Hideaway Lake property offers comfort, convenience, recreation, and unforgettable waterfront views. Additional pictures available.
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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 |
|---|---|---|---|
| Jul 16, 2026 | Sold | ||
| Sold | |||
| Jul 3, 2026 | In contract | - | |
| In contract | |||
| Jun 2, 2026 | Listed by Leslie Cain Realty | $1,069,000 | |
| Listed by Leslie Cain Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017