232 Private Road 1500a
About This Property
Residents of The Canyons access to a private beach and day-use dock at no charge, along with nearby trails and outdoor recreation that enhances the lake lifestyle. Watch out for the deer. The 3rd bedroom is a converted sunroom with own ac system, no closet.
Schedule your private showing and experience the special characteristics that make Tranquility Ridge a rare find on Lake Whitney.
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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 1, 2026 | No longer available | - | |
| No longer available | |||
| Jun 18, 2026 | Listed by Berkshire HathawayHS Worldwide | $569,000 | |
| Listed by Berkshire HathawayHS Worldwide | |||
| Dec 13, 2023 | Sold | ||
| Sold | |||
| Sep 14, 2023 | Listed by Bosque Real Estate Inc | $489,900 | |
| Listed by Bosque Real Estate Inc | |||
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Tranquility Ridge describes the peaceful ambiance throughout the property. One of a kind artisan designed home within an idyllic setting, hidden away. Enjoy these unique features year round! Gunite pool, screened & sun shielding roof with individual access for safety. Master Suite features private hot tub room, accessed only from the master. The upstairs Loft creates a third living & sleeping space, with access to the lovely deck & panaramic view. Downstairs the Florida Room adds 200 square feet to this home creating additional living & sleeping space. This property is so special & can pay for itself! Use it when you like & share it as a profitable vacation rental, providing you're willing to share. Perfect as private home or profitable vacation rental. Most furnishings and appliances remain. Additionally! There is a small beach and day use dock located within The Canyons available at no charge. The perfect opportunity to have it all. You won't want to leave. Appointment necessary
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017