255 Indigo Bunting Trail
About This Property
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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 6, 2026 | Listed by Century 21 Results | $2,249,900 | |
| Listed by Century 21 Results | |||
| May 10, 2026 | No longer available | - | |
| No longer available | |||
| Nov 20, 2025 | Listed by Century 21 Results | $2,100,000 | |
| Listed by Century 21 Results | |||
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This grand estate offers 226’± of direct water frontage on Lake Petit, showcasing what many consider the most breathtaking views in all of Big Canoe. Designed with modern luxury and exceptional craftsmanship, this home blends refined finishes with comfortable, livable spaces and a contemporary flair. With palatial living spaces adorned with exquisite finishes, a gourmet kitchen fit for a chef's delight is equipped with Sub Zero Refrigerator, Wolf double ovens with warming drawer, 6 burner gas cooktop, large island with custom cabinetry, new quartz countertops and butler's pantry. A see through fireplace is positioned between the large formal dining room and massive great room with pickled T&G wood cathedral ceiling, fireplace and built-in cabinets throughout, ideal for entertaining. The main level features marble and hardwood floors, a grand two-story foyer, and a formal living room drenched in natural light. The primary suite includes a spacious bedroom with shiplap accents, a private library/office, a spa-style bath, large walk-in closet with built-ins, and a clawfoot tub. An elegant powder room and oversized laundry room completes the main level. Upstairs are three guest bedrooms, two full baths, and dual staircases for convenience. The terrace level expands your living space with a large family room, full wet bar with beverage center, oversized recreation room, additional bedroom/office, and a half bath. Two levels of outdoor living overlook the lake, including new Trex decking and a brand-new stacked-stone wood-burning fireplace—perfect for year-round entertaining. This is a rare opportunity to own one of Big Canoe’s premier lakefront homes—where timeless elegance, thoughtful design, and panoramic views come together in a truly remarkable property.
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| Dec 31, 2024 | Sold | ||
| Sold | |||
| Dec 23, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017