201 Cove Circle
About This Property
Enjoy peaceful lakefront living at this beautifully maintained 3-bedroom, 2-bath home on Lake Brownwood. Located in a quiet cove, this home offers the perfect blend of comfort, style, and functionality-ideal as a weekend retreat or full-time residence.
Step inside to a bright, open living space with vaulted ceilings, large windows, and modern wood-look flooring. The living room flows into the kitchen, which features granite countertops, custom wood cabinetry, and black appliances-perfect for entertaining or quiet family meals.
The primary suite is situated upstairs and features a breathtaking view of the water and ample room to relax after a long day on the water.
Step out onto the spacious covered deck and take in serene lake views-ideal for relaxing, dining, or entertaining guests. Surrounded by mature trees and with direct lake access, this home is a rare find in a prime location.
Don't miss your chance to own this turnkey lake home in one of Brownwood's most desirable waterfront communities.
Seller is open to carrying a portion of the note, for the right offer.
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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 |
|---|---|---|---|
| Aug 31, 2026 | No longer available | - | |
| No longer available | |||
| Aug 21, 2026 | Price Decreased |
$525,000
↓ $70K
(11.8%) | |
| Price Decreased | |||
| Jan 20, 2026 | Relisted | $595,000 | |
| Relisted | |||
| Dec 3, 2025 | In contract | - | |
| In contract | |||
| Aug 25, 2025 | Listed by Coldwell Banker - Mark Campbell & Assc | $675,000 | |
| Listed by Coldwell Banker - Mark Campbell & Assc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017