4555 Herring Drive
About This Property
Listed By
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Jul 6, 2026 | Listed by Helen Painter Group, REALTORS | $5,900,000 | |
| Listed by Helen Painter Group, REALTORS | |||
| Jun 16, 2026 | No longer available | - | |
| No longer available | |||
| Oct 31, 2025 | Price Decreased |
$5,900,000
↓ $600K
(9.2%) | |
| Price Decreased | |||
| Jan 28, 2025 | Listed by Helen Painter Group, REALTORS | $6,500,000 | |
| Listed by Helen Painter Group, REALTORS | |||
| |||
|
Probably the last 'Valuable Hidden Treasure' of Eagle Mountain Lake waterfront acreage available! This property has been owned by the same family for 66 years. With 2 very functional older cabins (1,100 square feet - 2 bedrooms, 1 bath & 800 square feet - 2 bedrooms, 1 bath). Note: the property info combines the two cabins. Including almost 17 acres, with nearly 1,100 feet of water frontage (the average frontage on EML is 100 feet), on deep water (the dock has 14 feet of water depth when the lake is full). A private entrance makes this property rarely seen by anyone unless you are boating by the property. Let the pictures describe the full benefit. Ask about development potential or just leave it as a very private EML family and friends Estate Escape! Located less than 5 minutes by boat or car to the nationally famous Fort Worth Boat Club. All other lake amenities are a very close boat ride away. The *location on the lake, *privacy, and *view of the lake make this a rare Eagle Mountain Lake *trifecta that 'Is as Sweet as Tupelo Honey'. Come visit and Explore for Additional Benefits Hidden in Plain sight.
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017