Set amid mature trees and beautiful landscaping, this impressive
Lake Fork waterfront home offers a welcoming blend of a relaxed
lake living. Breathtaking lake views fill the main floor, creating
a stunning backdrop for everyday life and entertaining. Offering
2,859 square feet, the home features a dramatic vaulted living room
with a floor-to-ceiling stone fireplace, abundant windows, and
direct access to the elevated deck. The thoughtfully designed,
chef-inspired kitchen is ideal for entertaining, with extensive
white cabinetry, a large island, generous counter space, and Dacor
appliances. Along with a built-in wine cooler. The spacious primary
suite features a vaulted ceiling with exposed wood beams and
amazing lake view. Step directly onto the enclosed screened porch,
complete with a fireplace-an inviting spot for morning coffee or
relaxing by the fire on cool evenings. The expansive ensuite bath
offers a freestanding soaking tub, separate vanities, a makeup
seating area, an oversized glass-enclosed steam shower, and two
separate walk-in closets. The lower level includes an additional
guest bedroom with seating area and a full bath with a walk-in
shower that can be accessible from the pool. A professionally
designed home theater is a standout feature, offering, Dolby Atmos
surround sound. The residence also includes an operational Lutron
HomeWorks lighting system with whole-home scenes, a Control4
automation platform, extensive indoor and outdoor audio
infrastructure, and structured wiring for future technology
upgrades. The heated and cooled garage includes a workbench and
built-in cabinetry, with ample space for vehicles, recreation gear,
storage, and projects. Outdoor living is equally impressive, with
open and covered deck areas, a ground-level covered patio, a curved
in-ground heated pool, and a raised spa. The 1.05-acre setting
offers mature landscaping and 234.97 feet of shoreline. Tour
yourself this well designed home and start dreaming of your lake
home.
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.
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