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2029 SILVER CREEK Drive
About This Property
Thoughtfully designed with high-end finishes throughout, the home is being offered move-in or vacation-rental ready. The open-concept floor plan creates an inviting space for entertaining, while large windows showcase the beautiful outdoor setting. A spacious two-car garage, dedicated RV parking with hookups, and professionally landscaped grounds provide both convenience and functionality. Step outside to the expansive two-tier deck overlooking the lake, where you'll enjoy direct access to the beach area just
beyond your backyard. Relax in the new hot tub after a day on the water or rinse off in the outdoor shower before spending the evening under Arizona's star-filled skies. A rare bonus, this property includes its own boat slip, giving you easy access to White Mountain Lake--one of the few lakes in this area with no motor restrictions. Enjoy boating, water skiing, wakeboarding, jet skiing, paddleboarding, kayaking, fishing, and swimming just steps from your home. With no HOA and short-term rentals permitted, this property offers exceptional flexibility as a full-time residence, vacation getaway, or income-producing investment. Whether you're searching for a luxury lake home, an Arizona vacation property, or a turnkey short-term rental, this one-of-a-kind waterfront retreat delivers an unmatched lifestyle in the beautiful White Mountains. Opportunities to own a new construction lakefront home with direct beach access, a private boat slip, RV hookups, and no HOA are exceptionally rare. Schedule your private showing today and discover everything this property has to offer. Additional parcel on Arrowhead Pl. and boat slip available for purchase separately.
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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 19, 2026 | Sold | ||
| Sold | |||
| Aug 11, 2026 | In contract | - | |
| In contract | |||
| Aug 8, 2026 | Relisted | $599,000 | |
| Relisted | |||
| Aug 2, 2026 | In contract | - | |
| In contract | |||
| Jul 11, 2026 | Listed by West USA Realty | $599,000 | |
| Listed by West USA Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017