188 Trout Dr
About This Property
As you approach this inviting residence, you're greeted by the new shake vinyl siding that wraps the home in elegance. Step inside to discover a completely revamped interior, boasting all-new custom kitchen cabinets, state-of-the-art appliances, and a sophisticated aesthetic that carries throughout the entire home. Both bathrooms have been fully renovated, showcasing modern fixtures and finishes that ensure both comfort and style.
This property is an entertainer's dream with a heated saltwater pool surrounded by a vast area for hosting gatherings. The covered patio and outdoor fireplace provide a cozy ambience for evening relaxation, while the gentle slope leads down to a private dock, allowing direct access to the tranquil waters.
With all-new electrical, including arc fault breakers, new plumbing with pex pipe, a new tankless water heater, and year-old mini-splits, every detail has been carefully considered for efficiency and convenience. Plentiful windows along the back of the home offer magnificent views and bathe the living spaces in natural light, enhancing the ambiance of both upper and lower levels, each featuring a gas log fireplace.
Whether you're seeking a peaceful family home or a lucrative vacation rental, 188 Trout Dr. offers the versatility to satisfy both. Don't miss the chance to own this turnkey waterfront gem in Murray, KY, where luxury and leisure coalesce.
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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 |
|---|---|---|---|
| Oct 17, 2025 | Listed by 1st Realty Group | $769,999 | |
| Listed by 1st Realty Group | |||
| Sep 14, 2022 | Sold | ||
| Sold | |||
| Sep 10, 2022 | No longer available | - | |
| No longer available | |||
| Aug 4, 2022 | Price Decreased |
$485,000
↓ $14K
(2.8%) | |
| Price Decreased | |||
| Jul 21, 2022 | Price Decreased |
$499,000
↓ $26K
(5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017