311 Granite CIR
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 |
|---|---|---|---|
| Jan 22, 2026 | No longer available | - | |
| No longer available | |||
| Dec 23, 2025 | Price Decreased |
$1,575,000
↓ $75K
(4.6%) | |
| Price Decreased | |||
| Aug 26, 2025 | Listed by Jesse James Real Estate | $1,650,000 | |
| Listed by Jesse James Real Estate | |||
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Nestled in the scenic beauty of Lake Buchanan, this exceptional custom stone home offers unrivaled luxury, craftsmanship, and stunning, unobstructed lake views. Designed with superior attention to detail, this property is perfect for those seeking a tranquil yet sophisticated lifestyle. Situated just moments from the serene shores of Lake Buchanan, enjoy year-round access to water activities, and peaceful surroundings. The home boasts a timeless stone exterior with impeccable craftsmanship, blending rustic charm with modern elegance. Inside, high-end finishes, and large windows flood the space with natural light, offering breathtaking lake views from nearly every room. Step out onto the expansive patio, which is perfect for alfresco dining, grilling, and enjoying the views of the lake, is designed for year-round enjoyment. The open air, custom stone covered parking areas allow for ample space for your vehicles, boat, or extra storage, ensuring convenience and security. A conveniently located, charming, one-bedroom apartment above the carport area, offers privacy and versatility, ideal for guests, or rental income. It comes fully equipped with a kitchen, bathroom, and a spacious living area with views of the surrounding natural beauty. This is a rare opportunity to own a piece of paradise on Lake Buchanan! Whether you’re seeking a primary residence or a vacation getaway, this custom stone house with its superior features, spacious garage, and apartment above the lake is an ideal choice.
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| Dec 5, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Sep 12, 2024 | Price Decreased |
$1,890,000
↓ $100K
(5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017