391 Horseshoe Bend
About This Property
The master retreat has an ensuite, separate porch entrance, and a Texas sized closet that connects to the extended laundry room. A one of a kind unique custom floor plan. Check out the gated driveway and additional parking enclosed with custom built wrought iron fencing. The stunning back yard offers a park-like setting, a sought after 30 x 40 finished building with pull thru garage doors, and tons of additional storage top to bottom. It includes water, electric and an air conditioned bonus room perfect for a man cave or additional office or potential living space, a circular fire pit, and the perfect spot to put in a pool and call it home!
High Point Ranch is known for its beautiful natural scenery, tranquil surroundings, and spacious home sites. Community amenities include a covered playground, walking trails and a private lake. As a homeowner, you'll enjoy plenty of outdoor activities such as fishing, hiking, biking and picnicking, in the serene and natural environment of the neighborhood.
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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 |
|---|---|---|---|
| Dec 18, 2025 | Sold | ||
| Sold | |||
| Nov 12, 2025 | In contract | - | |
| In contract | |||
| Oct 30, 2025 | Price Decreased |
$679,900
↓ $20K
(2.9%) | |
| Price Decreased | |||
| Oct 20, 2025 | Price Decreased |
$699,900
↓ $20K
(2.8%) | |
| Price Decreased | |||
| Sep 24, 2025 | Listed by Jeanette Anderson Real Estate | $719,900 | |
| Listed by Jeanette Anderson Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017