Lot 36 - 6.65 Acres - Round Mountain Reserve DR
About This Property
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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 |
|---|---|---|---|
| Jul 27, 2026 | Listed by The Stone Group | $610,000 | |
| Listed by The Stone Group | |||
| Jul 18, 2026 | No longer available | - | |
| No longer available | |||
| May 12, 2026 | No longer available | - | |
| No longer available | |||
| Apr 17, 2026 | Listed by The Stone Group | $795,000 | |
| Listed by The Stone Group | |||
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Lot 1 is a premier 12.6-acre homesite within the coveted Phase One of Round Mountain Reserve offering some of the most expansive and captivating views across the entire development. Newly released and now available, this exceptional tract blends privacy, accessibility, and connection in a landscape defined by natural beauty and intentional design. Mature oaks and native hardwoods frame sweeping panoramic vistas, while the gently varied terrain provides multiple ideal build sites — from elevated vantage points perfect for sunset patios to more secluded clearings tucked among the trees. With underground electric, community propane, high-speed fiber, Lot 1 is ready to build from day one. Level build sites, combined with its agricultural tax valuation, offers a rare level of flexibility and long-term security — making this not just a homesite, but a strategic investment. Positioned within an established, gated section of the community, you’ll experience the ideal balance of privacy without isolation. Whether envisioned as a legacy estate, a private retreat, or a generational investment, Lot 1 represents one of the most compelling opportunities in Round Mountain Reserve.
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| Mar 7, 2026 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017