4092 Overlook
About This Property
Nestled on a quiet cul-de-sac, this sprawling, heavily treed 4-acre lot delivers privacy, serenity, and no through traffic. The 1,040 sq ft pool-guest house is thoughtfully designed for either full-time or part-time living, featuring a raised rear deck with sweeping views reminiscent of the scenic landscapes of Broken Bow, Oklahoma. Towering oaks create natural shade and ambiance throughout the fully fenced back portion of the property, with an additional smaller fenced area perfect for pets or a playground.
Relax on the covered front porch with a cocktail in hand while enjoying the warmth of a crackling fire and watching family or guests enjoy your future pool. A 30X40 shop offers abundant storage and covered parking for vehicles, equipment, or hobbies.
The land has been cleared and is ready for construction of your main home and pool, allowing you to live comfortably on-site in the guest house while you build. This is a rare opportunity to create your dream homestead in a peaceful, picturesque setting with room to grow.
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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 |
|---|---|---|---|
| Aug 14, 2026 | Sold | ||
| Sold | |||
| Jul 18, 2026 | In contract | - | |
| In contract | |||
| Jul 12, 2026 | Price Decreased |
$400,000
↓ $15K
(3.6%) | |
| Price Decreased | |||
| Jun 11, 2026 | Price Decreased |
$415,000
↓ $20K
(4.6%) | |
| Price Decreased | |||
| Jun 5, 2026 | Listed by Arise Capital Real Estate | $435,000 | |
| Listed by Arise Capital Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017