5066 Bob O Link Rd
About This Property
Situated on 1.529 acres within the gated Gilmer Boating & Fishing Club, the property is surrounded by towering trees and park like grounds. Ownership also includes access to approximately two additional acres of shareholder maintained land, enhancing the sense of space. As a shareholder, you will enjoy access to both fully stocked Twin Lakes, shared by only 30 owners and their guests, ideal for fishing or relaxing under the community's no wake policy.
Inside, the home blends rustic character with thoughtful updates. The kitchen offers granite countertops, stainless steel appliances, and generous cabinetry, while Satterwhite wood and blue wormwood accents add warmth throughout. A rock fireplace with gas logs anchors the main living area, and the layout flows easily for everyday living and entertaining. Additions completed in 2019, including the primary suite, laundry room, sunroom, and upstairs bedroom, expanded the space while maintaining the home's cabin feel.
Outdoor living shines with a screened porch overlooking the water, a lakeside pool, and a separate Jacuzzi hot tub. A private fishing pier and fenced dog run add to the functionality.
Additional features include a workshop outbuilding with lean-to covered parking, Generac whole home generator with RV outlet, private filtered well, and gated concrete driveway.
With elevated views, access to both lakes, and a peaceful setting just minutes from Gilmer, this property is ideal as a full time home or weekend retreat.
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 |
|---|---|---|---|
| Aug 26, 2026 | Price Decreased |
$399,900
↓ $15K
(3.6%) | |
| Price Decreased | |||
| Jul 8, 2026 | Price Decreased |
$414,900
↓ $50
(0%) | |
| Price Decreased | |||
| Jul 7, 2026 | Price Decreased |
$414,950
↓ $15K
(3.5%) | |
| Price Decreased | |||
| May 25, 2026 | Price Decreased |
$429,900
↓ $99
(0%) | |
| Price Decreased | |||
| Apr 21, 2026 | Price Decreased |
$429,999
↓ $1
(0%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017