23196 JEB Circle
About This Property
Welcome to your serene lakeside retreat! This stunning 5-bedroom, 4-bathroom home is perfectly nestled on a sprawling half-acre waterfront lot, offering breathtaking views that invite you to unwind and relax. Step into a world of elegance and comfort with a thoughtfully designed split floor plan that maximizes space and functionality.
As you enter, you'll be greeted by a spacious and inviting living area bathed in natural light. The gourmet kitchen features beautiful granite countertops, making it easy to entertain family and friends. Enjoy your morning coffee or evening cocktails on the covered back patio, where you can soak in the mesmerizing sunsets and watch the ducks glide across the water.
The luxurious primary suite is your personal haven, complete with a soaking tub, a separate shower, and an expansive walk-in closet. Each additional bedroom offers ample space and comfort, perfect for family, guests, or a dedicated home office.
This charming property includes a 2-stall boathouse with a cozy bunk room, ideal for weekend getaways spent fishing or lounging by the lake. Imagine gathering with loved ones, creating lifelong memories in this picturesque setting.
Located in a peaceful neighborhood, you'll enjoy tranquility while being within reach of local amenities. With features like plantation shutters and mosquito misters, this home combines luxury with practicality.
Don't miss this opportunity to own a slice of paradise on Lake Palestine. Schedule your private showing today and fall in love with your new home! Your dream lifestyle awaits!
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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 |
|---|---|---|---|
| Dec 5, 2025 | Sold | ||
| Sold | |||
| Nov 12, 2025 | In contract | - | |
| In contract | |||
| Oct 26, 2025 | Listed by Keller Williams Realty-Tyler | $885,500 | |
| Listed by Keller Williams Realty-Tyler | |||
| Oct 16, 2025 | No longer available | - | |
| No longer available | |||
| Sep 9, 2025 | Price Decreased |
$899,000
↓ $16K
(1.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017