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4711 Mountain Point Lane
About This Property
Inside, you'll love how functional and inviting the layout is, starting with the primary suite on the main level. The primary bedroom is spacious and includes a walk-in closet plus an ensuite bath with dual sinks and a classic claw-foot tub-perfect for relaxing at the end of the day. The main living areas offer comfortable flow for everyday living and entertaining, and the kitchen features granite countertops and plenty of workspace for prepping, serving, and gathering. Whether you're hosting friends after a day on the water or keeping things simple during the week, the home lives well and feels easy.
Downstairs, the partially finished basement adds major flexibility and value. With a bar area, an entrance from inside the home, and a separate exterior entrance, it's ideal for a game room, media lounge, home gym, hobby space, or a dedicated hangout area that stays separate from the main living spaces. This setup is also great for entertaining-your guests can come and go without running through the main level.
Now for what really makes this property special: the outdoor living and the setting. Step onto the screened porch and enjoy the breeze and the wooded view-an ideal spot for morning coffee, reading, or winding down in the evenings. The back deck expands your living space even more, giving you room to grill, dine outside, and host gatherings with a natural, private backdrop. The large lot is filled with mature trees that create shade, privacy, and that "I'm away from it all" feeling-without being far from anything. And because this is a waterfront community on Mountain Island Lake, you're just minutes from the water and the lake-life perks that come with it.
Even better, daily convenience is close by. You're only minutes to Harris Teeter and the nearby Mountain Island shopping center for groceries, dining, and everyday errands, plus quick access to major routes for commuting and getting around Charlotte. If you've been looking for space, privacy, flexible bonus areas, and a real lake-life community feel-4711 Mountain Point Lane delivers it in a big way.
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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 22, 2026 | Sold | ||
| Sold | |||
| Jun 17, 2026 | In contract | - | |
| In contract | |||
| May 19, 2026 | Price Decreased |
$535,000
↓ $15K
(2.7%) | |
| Price Decreased | |||
| Mar 24, 2026 | Price Decreased |
$550,000
↓ $25K
(4.4%) | |
| Price Decreased | |||
| Mar 3, 2026 | Price Decreased |
$575,000
↓ $25K
(4.2%) | |
| Price Decreased | |||
Property Highlights
Building Info
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Price/ft²
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About Mountain Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017