4627 Rose Lane
About This Property
This spacious lakefront retreat is a rare find, complete with an enclosed boathouse dock featuring two boat lifts and two jet ski slips-a setup that can no longer be built on Possum Kingdom Lake. With room to comfortably sleep 25 people, there is room for everyone. The property includes an open-concept main home, a detached guest house, and expansive indoor-outdoor entertainment areas designed for unforgettable gatherings.
The rooftop deck captures sweeping lake views, while the gentle beach-style shoreline offers the perfect spot for swimming. Inside, you'll find a large game room and expansive kitchen that make entertaining effortless. A private gated entrance, two-car garage, new septic system, and multiple upgrades add to the convenience.
Offered turnkey and fully furnished, this retreat is also a proven income-producing short-term rental with an established renting profile. Ideally located near Breakers Marina and within walking distance to Fox Hollow Restaurant, this property delivers lakefront living, strong investment potential, and easy lake access.
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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 |
|---|---|---|---|
| Sep 30, 2025 | Sold | ||
| Sold | |||
| Sep 4, 2025 | In contract | - | |
| In contract | |||
| Aug 14, 2025 | Listed by Smart Realty | $1,550,000 | |
| Listed by Smart Realty | |||
| Aug 4, 2025 | No longer available | - | |
| No longer available | |||
| Feb 4, 2025 | Listed by Smart Realty | $1,550,000 | |
| Listed by Smart Realty | |||
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Seller ready to deal! Spacious Lakefront Retreat on Possum Kingdom Lake with a Boathouse Dock! This rare gem offers an incredible amount of space & unbeatable lakefront living. Comfortably sleeping 25, the open-concept main home & detached guest house provide plenty of room for everyone. Enjoy an expansive indoor-outdoor kitchen entertainment area, a large game room, & the enclosed boathouse dock with lifts for 2 boats & parking for 2 seadoos. Boathouses like this can no longer be built on PK, making this ability to store your boats fully protected a RARE find! The rooftop deck offers breathtaking views, & the gentle, beach-like shoreline is perfect for swimming. Offered turnkey fully furnished, this property includes a 2-car garage, private gated entrance, & a NEW SEPTIC SYSTEM , and many other upgrades!
This is an INCOME PRODUCING short-term rental with an established VRBO profile, offering a seamless investment opportunity. Located near Breakers Marina & within walking distance to Fox Hollow Restaurant.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017