2688 Masters Road
About This Property
Listed By
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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 3, 2026 | Listed by Legacy Land and Homes of OK | $262,000 | |
| Listed by Legacy Land and Homes of OK | |||
| Jun 1, 2026 | No longer available | - | |
| No longer available | |||
| Mar 14, 2026 | Listed by Legacy Land and Homes of OK | $269,900 | |
| Listed by Legacy Land and Homes of OK | |||
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Escape to Arbuckle Lake! Discover one of the most charming A-frame homes in the sought-after Guanabara Bay addition, situated on 3/4 acre MOL. Completely taken down & fully remodeled in 2024, this home blends modern convenience with cozy lakeside charm. Featuring a brand-new roof, fresh interior & exterior paint, bi fold patio doors to an open deck, updated AC (2018), new septic system installed in 2019, this property is turnkey & ready for its next chapter. Outdoors, you’ll love the large fire pit for entertaining, deck, a storage shed, & spacious grounds with plenty of room to add a shop, another home or boat storage. It’s perfect for entertaining, think football watch parties, weekend getaways with friends, or simply relaxing while enjoying serene views. Inside, the layout has been thoughtfully designed to maximize space & light. A spacious primary suite with a walk-in closet & private bath adorns the main level, with French patio doors that seamlessly connects the open living space to the outdoors. Upstairs offers a flexible loft-style bedroom & dedicated work-from-home space. The kitchen shines with customized storage, butcher block counters, an island, & modern finishes. Additional highlights include an indoor utility room, two full bathrooms & abundant natural light throughout. Are you interested in a short-term rental? This property offers incredible income potential. Guests will love returning to its cozy feel, open design, & proximity to the water. Located just around the corner from the Guanabara Bay community dock & minutes from Arbuckle Lake's 2,350 acres of water and 36 miles of shoreline, this home is a dream for outdoor enthusiasts. Arbuckle Lake home to catfish, crappie, bass, & more as well as boating, camping, hiking, and is set against the backdrop of the historic Arbuckle Mountains. Don’t miss this rare opportunity to own a fully renovated lake home in Guanabara Bay—perfect as a year-round residence, vacation getaway, or Airbnb investment.
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| Mar 8, 2026 | No longer available | - | |
| No longer available | |||
| Jan 2, 2026 | Price Decreased |
$279,000
↓ $11K
(3.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017