SPECTACULAR LAKE, RANCH RETREAT on 10.26 Acres with a 3805 SQFT
CUSTOM ROCK, 5BD,4BA HOME with a POOL,FISHING POND,LIVESTOCK
PASTURE, BARNS & SHOP all with PANORAMIC, BREATHTAKING LAKE & HILLS
VIEWS. This is a Rare find at PK Lake to own both a Stunning
Lakehouse and have Acreage to keep Animals as well, in one of the
Best HOA's at PK, The Hills Above PK. This Fabulous 5bd,4ba Open
Concept Design Living Home features Vaulted Ceilings, Granite
Counters, Stainless Appliances, Hand Scraped Hard Wood Floors &
Large Picture View Windows throughout, to highlight the Magnificent
Views, and has both an Enclosed Porch with Fireplace, and a Pool,
Outdoor Grill area, Large Outdoor Patio & Fire Pit Areas for
Entertaining all your Friends & Family.Then take a short walk to
the pasture & feed the Longhorns, Stetson & Brody, & then do some
Fishing in the Stocked Pond. Plus there is a 1600 sqft Shop & Game
Room as well, with a Bar, Lounge areas & Pool Table.This is the
Very BEST of PK Living for Lake & Country Life.The HOA is also
conveniently located to the small charming Town of Graham for
Shopping, Dining and Amenities only 15 mins away and it's also a
short drive to all the Excellent Restaurants and Shopping at PK.
The Hills Above Amenities include a Clubhouse with Infinity Hilltop
Pool & Fitness Center, a Boat Ramp with Dry Storage, and Day Slips
down by the Lake Front Cabin.The Sunset Views are also Unparalleled
for Beauty in the Hills Above as well, making it the Perfect Place
to Relax and Recharge after a Great Day on the Water.
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.
Amazing home surrounded by large oak trees nestled on top of one of the largest hills in the area. This 5.24 acre property offers breathtaking views of Possum Kingdom Lake in the front, and equally impressive views of the Palo Pinto mountains in the rear. This 3,359 sqft home offers 5 bedrooms, 4 full bathrooms, game room with balcony access, and an oversized garage for your boat and toys. Hand scraped hardwood floors cover most of the home, both up and downstairs, along with faux finished walls throughout. You will find upgrades including Control 4 home automation system, built-ins, massive ceilings, 8' doors throughout, and stunning granite. The Hills offers wonderful amenities to enjoy while at PK. The manager has listed the unit size as 3359 square feet.
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