4906 Tres Lagos Drive
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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 30, 2026 | Price Decreased |
$775,000
↓ $25K
(3.1%) | |
| Price Decreased | |||
| Jun 20, 2026 | Listed by BHGRE Gary Greene | $800,000 | |
| Listed by BHGRE Gary Greene | |||
| Jun 3, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Mar 5, 2026 | Listed by HomeSmart | $799,999 | |
| Listed by HomeSmart | |||
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Exquisite 2-Story Home in a beautiful Luxury gated neighborhood of Tres Lagos. Discover luxury in this stunning 2-story residence, designed for modern living and entertaining. The open floor plan features 4 spacious bedrooms, including main-level options with 2 full bathrooms, a dedicated study perfect for a home office, and an fully functional kitchen with an attached breakfast area. Upstairs, enjoy additional bedrooms with 2 full bathrooms, a cozy media room, and a vibrant sitting room with breathe taking views. Step outside to an oversized covered patio with luxurious view of the lake ideal for relaxation and entertaining. This home has no rear neighbors. Additional amenities include a tandem 3-car garage. Located in a prime area, this home offers both luxury and tranquility. Don’t miss your chance to own this exceptional property. Schedule a viewing today!
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| Dec 11, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017