2088 Eagles Ridge Drive
About This Property
With uncompromising attention to detail, the home features soaring ceilings, expansive living spaces, abundant natural light, and premium finishes throughout. The kitchen is equipped with a commercial-grade range, custom real wood cabinetry, reverse osmosis drinking water, and elegant finishes designed for both everyday living and entertaining.
The outdoor living space is a true private retreat, highlighted by a resort-style saltwater pool, a beautiful private waterfall, and covered patio perfect for relaxing or entertaining year-round. Beyond the landscaped backyard, the remaining acreage provides ample room to build a guest house, workshop, additional garage, sport court, or other custom amenities.
Designed for long-term comfort and peace of mind, the property includes a private water well, aerobic septic system, a buried 500-gallon propane tank, two propane-powered generator hook ups, a whole-house water purification and softening system, and a durable modified bitumen roof built for lasting performance.
This remarkable estate offers the rare opportunity to enjoy modern luxury, exceptional craftsmanship, and the privacy of a sprawling 3-acre homesite in one of the area's most exclusive gated communities. Every detail has been carefully considered to create a home that is as beautiful as it is functional.
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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 |
|---|---|---|---|
| Oct 8, 2026 | Price Decreased |
$810,000
↓ $15K
(1.8%) | |
| Price Decreased | |||
| Aug 31, 2026 | Price Decreased |
$825,000
↓ $25K
(2.9%) | |
| Price Decreased | |||
| Jul 31, 2026 | Listed by Compass RE Texas, LLC | $850,000 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017