1901 MIRACLE Lane
About This Property
Step outside to experience unparalleled outdoor living! Enjoy your newly constructed dock, perfect for fishing and lakeside adventures. The inviting firepit area is an ideal spot for unwinding under the stars, making every evening a memorable one.
It could also be a great investment for vacation rental on AIRBNB or VRBO!
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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 28, 2025 | Sold | ||
| Sold | |||
| Feb 7, 2025 | In contract | - | |
| In contract | |||
| Jan 28, 2025 | Listed by FLORIDA HOMES REALTY & MTG LLC | $609,900 | |
| Listed by FLORIDA HOMES REALTY & MTG LLC | |||
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This completely renovated lakefront home sits on a quiet cul-de-sac, offering privacy and stunning views of a serene 24-acre freshwater lake. Inside, you'll find over 2,700 sq ft of beautifully updated living space, including 4 spacious bedrooms and 3 luxurious baths. The open-concept design showcases a gourmet kitchen with quartz counters, stainless steel appliances, and custom cabinets - ideal for entertaining. A flexible mother-in-law suite/office provides even more space. Outside, a new dock invites you to enjoy fishing and lakeside fun, while the firepit area promises memorable evenings under the stars. This property also presents a fantastic investment opportunity for Airbnb or VRBO rentals.
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| Dec 12, 2024 | No longer available | - | |
| No longer available | |||
| Nov 29, 2024 | Listed by FLORIDA HOMES REALTY & MTG LLC | $649,000 | |
| Listed by FLORIDA HOMES REALTY & MTG LLC | |||
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***LAKEFRONT HOME*** has been completely renovated! Situated in a cul-de-sac, the home offers privacy, beautiful views, and a serene 24-acre freshwater lake. Step inside to discover over 2,700 sq. ft. of meticulously updated living space, featuring 4 spacious bedrooms and 3 beautifully appointed baths. The open-concept layout boasts a gourmet kitchen with quartz countertops, stainless steel appliances, and custom cabinetry—perfect for entertaining friends and family. The mother-in-law suite can also be a dedicated office/workspace area.
Step outside to experience unparalleled outdoor living! Enjoy your newly constructed dock, perfect for fishing and lakeside adventures. The inviting firepit area is an ideal spot for unwinding under the stars, making every evening a memorable one.
It could also be a great investment for vacation rental on AIRBNB or VRBO!
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About Greater Arlington
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Last Updated: 2 years ago
Data Source: Real MLS, MLS# 2042365
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