37 Peninsula Drive
About This Property
This property has it al! This water front lot offers expansive views of pristine mountains and a peaceful lake, creating an idyllic backdrop for your dream home. Experience the ultimate in privacy and seclusion on this spacious lot, where natures beauty is right outside your doorstep. Enjoy miles of walking trails. Lake Adger is renowned for its tranquility and charm, providing a serene environment for those seeking a retreat from the hustle and bustle of city life.
Whether you're a nature enthusiast or simply crave a peaceful setting, this property delivers on every level. Lake Adger is a 438 acre lake with 14 miles of shoreline. It is a planned community with miles of equestrian/walking trails. It is located near the Tryon International Equestrian Center, Lake Lure, Hendersonville NC and Spartanburg Greenville SC. Contact us today for your tour and make this exceptional water front lot your own.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 9, 2026 | Sold | ||
| Sold | |||
| Jul 16, 2026 | In contract | - | |
| In contract | |||
| Jan 22, 2026 | Listed by Jim Smith & Associates Inc | $274,000 | |
| Listed by Jim Smith & Associates Inc | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
About Polk
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Last Updated: 21 days ago
Data Source: CANOPYMLS, MLS# CAR4338695
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017