49
Map
27535 Velvet Sky Way
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 |
|---|---|---|---|
| Dec 12, 2025 | Sold | ||
| Sold | |||
| Nov 18, 2025 | In contract | - | |
| In contract | |||
| Oct 30, 2025 | Listed by Keller Williams Realty The Woodlands | $1,999,000 | |
| Listed by Keller Williams Realty The Woodlands | |||
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Breathtaking 1-story Spanish estate on 2+ picturesque lakefront acres in Benders Landing Estates! Behind private gates, this architectural masterpiece offers one story living w/4 car garage. Enter through a tranquil courtyard w/brick pavers & fountain to stunning interiors featuring wood & travertine floors, soaring ceilings, archways & surround sound. Gourmet kitchen w/dual soapstone islands, custom cabinetry, Thermador appliances, built-in fridge, pot filler, butler’s pantry & walk-in pantry w/sink. Open family room w/wood beam ceiling, gas log fireplace & sweeping lake views opens to outdoor living space. Private primary suite w/sitting nook & spa-like bath w/soaking tub, 2-way walk-in shower & dual closets. 2 guest suites w/en-suite baths + media room w/full bath (opt 4th bed). Resort-style outdoor living incl saltwater pool/spa, outdoor kitchen, fireplace, fire pit & covered patio overlooking the lake. Generator, water softener, mosquito system & sprinkler system! Must see!
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| May 28, 2025 | Sold | ||
| Sold | |||
| Apr 29, 2025 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017