166 Nuevo Leon Street
About This Property
Enjoy the peaceful outdoors from multiple decks, perfect for relaxing or entertaining while soaking in the breathtaking year-round views. Inside, there's room for the whole family with a layout that balances comfort and functionality. Need room for your toys? You'll love the newer shop-plenty of space to park your boat and still room left to add additional living quarters if needed. Properties with this much parking and potential are rare! This home offers the perfect mix of recreation, relaxation, and room to grow-all at a price that won't last long. STR's currently allowed.
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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 |
|---|---|---|---|
| Sep 29, 2025 | Sold | ||
| Sold | |||
| Aug 23, 2025 | In contract | - | |
| In contract | |||
| Jul 18, 2025 | Listed by Lake Homes Realty, LLC | $449,000 | |
| Listed by Lake Homes Realty, LLC | |||
| Jun 1, 2024 | No longer available | - | |
| No longer available | |||
| Apr 1, 2024 | Listed by KW-Cedar Creek Lake Properties | $515,000 | |
| Listed by KW-Cedar Creek Lake Properties | |||
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Just in time of SUMMER! This 3 bdrm 2 bath lake house sits on 2 lots. The floor plan is semi open concept, primary bdrm on main level, 2 full baths on main level, the 2 other bdrms are upstairs with a full bath. The loft area is being used as a media area. The shop is 30x30, built in 2021 with electricity and 10 ft garage door (enough room for an additional door to be installed). You have views of the lake from all 3 bedrooms, media room and bonus room (second living) off the living room. There is a community park, private boat ramp and fishing pier. *Buyer and buyer's agent to do their due diligence in regards to the information on the property, school district, taxes and HOA.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017