346 Scenic View Drive
About This Property
The outdoor living space is truly a standout feature. Step outside to a large covered patio overlooking a private pool area designed for relaxing, entertaining, and enjoying Texas summers. The backyard retreat features generous patio space, multiple areas for seating, mature landscaping, tropical greenery, and a rock accented pool feature with slide. A black metal fence surrounds the pool area while still allowing an open view of the expansive backyard.
Beyond the pool, the property continues with plenty of open yard space, mature trees, and room to enjoy outdoor activities, pets, gardening, or simply the peaceful surroundings. With more than an acre, the property provides a wonderful sense of space while maintaining beautifully defined outdoor entertaining areas.
From the striking exterior and spacious interior to the resort inspired pool and expansive grounds, this property offers a combination of space, comfort, and outdoor living that is difficult to find. Whether entertaining around the pool, relaxing beneath the covered patio, or enjoying the privacy of the large backyard, 346 Scenic View Drive offers plenty of opportunities to make the most of life at home.
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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 19, 2026 | In contract | - | |
| In contract | |||
| Aug 27, 2026 | Listed by TheGreenTeam RE Professionals | $725,000 | |
| Listed by TheGreenTeam RE Professionals | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017