41
Map
53 New Oak Trail
About This Property
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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%.
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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.
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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 18, 2026 | In contract | - | |
| In contract | |||
| Sep 4, 2026 | Listed by Martha Turner Sotheby's International Realty - Kingwood | $999,975 | |
| Listed by Martha Turner Sotheby's International Realty - Kingwood | |||
| Aug 18, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 18, 2026 | Listed by eXp Realty LLC | $1,050,000 | |
| Listed by eXp Realty LLC | |||
| |||
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Lovingly maintained by the original owners, this home sits on a ¾-acre lot in the gated community
of Kings Lake Estates. This 4-bedroom home features two first-floor bedrooms, including a primary
suite with a sitting area, spa bath, and dual walk-in closets. The dining room is complemented by a
climate-controlled wine cellar and tasting room with 800+ bottle storage. A wet bar with an ice
maker is conveniently located between the dining room and kitchen. The executive office features
custom built-ins. Chef's kitchen with large island, granite counters, walk-in pantry, built-in
planning/homework desk, and covered outdoor kitchen with grill. Laundry room includes a utility
sink, appliance storage, and space for a second refrigerator. Upstairs offers a game room,
office/hobby room, two bedrooms with ensuite baths, and a balcony overlooking the pool.
Whole-house generator, pool, 3-car garage, porte cochere, 24-hour manned gated access. Never flooded
| |||
| Jun 11, 2026 | Price Decreased |
$1,050,000
↓ $25K
(2.3%) | |
| Price Decreased | |||
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About Kings Lake Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017