451 Mayo Road
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 |
|---|---|---|---|
| Oct 23, 2026 | Listed by The Legacy Real Estate Group | $779,000 | |
| Listed by The Legacy Real Estate Group | |||
| May 22, 2026 | Sold | ||
| Sold | |||
| Apr 21, 2026 | In contract | - | |
| In contract | |||
| Apr 1, 2026 | Listed by Century 21 Crowe Realty | $695,000 | |
| Listed by Century 21 Crowe Realty | |||
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Jackson Lake Dream Home! With over 500 feet of Jackson Lake shoreline, a kayaker's playground, a bird watcher's paradise, and a front-row seat to one of the most breathtaking views on the water - 451 Mayo Road is the one you've been waiting for! Built in 2023 and meticulously maintained, this stunning lakefront retreat offers the rare combination of modern finishes and true waterfront living in the heart of Newton County. With a southern exposure, nearly every room in the house captures gorgeous natural light throughout the day - and those late afternoon rays hitting the water? Absolutely breathtaking. The thoughtfully designed interior features floor-to-ceiling doors and windows along the back of the home, flooding the living spaces with natural light and framing the lake like a living work of art. A showstopping double-sided fireplace anchors both the living room and kitchen, creating a warm and inviting flow ideal for entertaining. The open dining area is surrounded by windows, and the upgraded kitchen features a butcher block island - functional, beautiful, and built to last. A convenient half bath rounds out the main level. The primary suite is located on the main floor and features a well-appointed en suite with a stunning stone shower. Upstairs you'll find two additional bedrooms and a full bath - plenty of room for family or guests. The oversized garage easily accommodates two full-size vehicles with room to spare for storage. Above the garage, a private studio apartment with kitchenette offers the perfect setup for in-laws, older teens, or guests who want their own space. Outside is where this property truly shines. Sitting on just under two acres at the end of a quiet cul-de-sac, you'll have plenty of room to breathe, play, and spread out - all anchored by a nearly new floating dock and established riprap seawall. The covered patio is the perfect spot for dinners overlooking the lake, and stepping out through the French doors into that southern light never gets old. Over 500 feet of shoreline. All-day natural light. Incredible bird watching. Private guest suite. This one has it all - don't let it get away!
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| Jun 6, 2006 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017