320 PR 8585
About This Property
Inside, an open concept floor plan and expansive windows showcase the surrounding woods, creating a seamless connection between indoors and out. LVP flooring flows throughout the living spaces. The kitchen features imported Brazilian countertops, stainless steel KitchenAid appliances, gas cooktop and stainless vent hood. The spa inspired bathroom features a glass enclosed tiled shower, tiled flooring, warm natural wood walls and tongue and groove ceilings.
Outside, a 12 foot wraparound deck, covered deck and patio create plenty of space for relaxing and entertaining, while a path through the woods leads to lake access. For the gardener or anyone dreaming of a more self sufficient lifestyle, the property offers an incredible setup with a custom greenhouse featuring natural wood framing, growing benches and shelving. Multiple raised and container garden beds, trellises and established plantings provide room to grow vegetables, herbs, flowers and more. Enjoy persimmons, peaches, tomatoes, blackberries, blueberries, onions and other homegrown favorites. A chicken coop and custom outdoor pizza oven add even more character.
The insulated 20x28 shop offers electricity, a bay door, pass through door and 12x20 lean to. A separate heated and cooled office features tile flooring and large picture windows. A two car carport provides covered parking. A truly one of a kind property designed for enjoying the outdoors, growing your own food and embracing a little piece of country life.
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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 |
|---|---|---|---|
| Sep 18, 2026 | Listed by Texas Real Estate Executives | $365,000 | |
| Listed by Texas Real Estate Executives | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017