406 Sugar Maple Lane
About This Property
The expansive layout offers thoughtful versatility with a dedicated home office, a spacious media room with full surround sound, and the convenience of both a primary suite and a private guest suite on the main level.
Step outside and experience your own $300K resort-style oasis-a 20x40 heated pool and spa, cabana with real stone wood-burning fireplace, and a fully equipped grill station with bar, all set within $100K of professionally designed landscaping that ensures total privacy and tranquility.
The oversized 3-car garage is designed for the enthusiast, featuring epoxy flooring, custom storage, and abundant space for organization.
Located in the highly sought-after Twin Lakes community, residents enjoy scenic walking trails, a waterfront gazebo, pickleball courts, and a community dock stocked with kayaks, canoes, and paddleboards. With Waverly, top dining, and I-485 just minutes away, this exceptional property redefines modern luxury living in one of the area's most desirable neighborhoods.
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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 |
|---|---|---|---|
| Mar 4, 2026 | Sold | ||
| Sold | |||
| Jan 7, 2026 | In contract | - | |
| In contract | |||
| Dec 8, 2025 | Listed by NorthGroup Real Estate LLC | $2,490,000 | |
| Listed by NorthGroup Real Estate LLC | |||
| Nov 23, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 19, 2025 | In contract | - | |
| In contract | |||
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About Union
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017