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2049 BISHOP ESTATES Road
About This Property
Set on an extraordinary 1.3-acre riverfront estate, this exceptional property offers the perfect combination of luxury, privacy, and breathtaking waterfront views. Designed for both comfortable everyday living and effortless entertaining, the home features 5 spacious bedrooms, 6 full bathrooms, a dedicated office, and an expansive bonus room.
Oversized windows fill the home with natural light and showcase stunning views of the river from nearly every room. Thoughtfully designed with both function and style in mind, the home offers large walk-in closets, abundant storage throughout, and a generous walk-in pantry to complement the well-appointed kitchen.
Since purchasing the home, the sellers have completed numerous high-quality improvements, including an expanded dock with a boathouse and 13,000-pound lift, new hardwood floors, two custom fireplaces (one in the family room and one on the outdoor patio) and fresh interior and exterior paint completed in 2022. The oversized three-car garage has also been upgraded with durable Shark Coating flooring and custom built-in cabinetry.
Step outside to your private waterfront oasis featuring a stunning pool, expansive outdoor living spaces, and a beautifully upgraded dock designed for enjoying life on the river. A gated entrance adds an extra level of privacy and security to this truly remarkable estate.
With an unparalleled setting, extensive updates, and every amenity thoughtfully incorporated, this riverfront retreat is an entertainer's dream and offers everything you could ever want in a luxury waterfront home.
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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 |
|---|---|---|---|
| Jul 1, 2026 | Sold | ||
| Sold | |||
| May 25, 2026 | In contract | - | |
| In contract | |||
| May 15, 2026 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $2,695,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
| May 3, 2022 | Sold | ||
| Sold | |||
| Mar 3, 2022 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $2,088,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
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About Fruit Cove
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017