417 Pecan Point Drive
About This Property
Inside, the home features 5 bedrooms and 4 bathrooms, including a thoughtfully designed mother-in-law suite with its own kitchen, living room, and both attached and private exterior entrances-perfect for multigenerational living or hosting guests who want their own space. This single level home offers 2 living area and two dining spaces and plenty of room to spread out and find your own peace and quiet. The 600-square-foot, fully glassed-in sunroom puts the lake on full display with wall-to-wall lake views making every season feel like the best seat in the house.
Outdoors, the amenities continue to impress. There's a private boathouse with both boat and jet ski lifts, a detached oversized 3-car garage, and a separate 340 sqft workshop complete with a carport that can accommodate two vehicles or covered boat storage. With its own private lake front deck, this space could be converted to a guest house or amazing pool house! Towering pecan trees provide beautiful shade and add to the sense of history and serenity that surrounds the property. While access to the peninsula is through the Chambers Point subdivision, this property is not subject to HOA restrictions, offering a rare combination of privacy, flexibility, and gated security. This isn't just a lake house-it's a legacy property. Private, expansive, and surrounded by water in a way that's nearly impossible to replicate, this lake retreat is designed for those who want space, views, and freedom to truly live the lake life.
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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 |
|---|---|---|---|
| Jun 10, 2026 | Sold | ||
| Sold | |||
| Apr 17, 2026 | In contract | - | |
| In contract | |||
| Feb 24, 2026 | Listed by RE/MAX Lakeside Dreams | $1,625,000 | |
| Listed by RE/MAX Lakeside Dreams | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017