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Map
50101 Long Knife CIR
About This Property
This one-of-a-kind property blends charm, creativity, and comfort-inside and out. Featuring 3 bedrooms, 2 full baths, a dedicated office, plus a detached bonus room with acoustic treatments and a newly installed mini-split-perfectly designed for a music studio, podcast space, home office or gym.
Located on a spacious half-acre lot on a quiet cul-de-sac outside Georgetown city limits (in the ETJ), this home offers flexibility with no HOA and a low 1.55% tax rate. Inside, you'll find smart updates and custom touches throughout, including:
Durable hard tile in main living areas and cozy carpet in bedrooms,
A bonus office nook off the front living room,
New LG stainless steel appliances in the open-concept kitchen,
Custom bar with mini-fridge (kegerator-ready!),
Eye-catching shiplap media wall with built-in TV and aesthetic electric fireplace,
240V outlet in the garage for EV charging,
Step outside to your private backyard oasis: flagstone patio, hot tub, above-ground pool, and a thoughtfully crafted chicken coop-all nestled under mature trees.
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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 |
|---|---|---|---|
| Aug 24, 2025 | In contract | - | |
| In contract | |||
| Aug 23, 2025 | Price Decreased |
$410,000
↓ $5K
(1.2%) | |
| Price Decreased | |||
| Aug 16, 2025 | Price Decreased |
$415,000
↓ $31K
(6.9%) | |
| Price Decreased | |||
| Aug 2, 2025 | Price Decreased |
$445,900
↓ $4K
(0.9%) | |
| Price Decreased | |||
| Jul 13, 2025 | Price Decreased |
$449,900
↓ $23K
(4.8%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017