599 Cove Drive
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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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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 |
|---|---|---|---|
| Jun 24, 2025 | Sold | ||
| Sold | |||
| Jun 5, 2025 | In contract | - | |
| In contract | |||
| Apr 23, 2025 | Listed by COMPASS | $2,350,000 | |
| Listed by COMPASS | |||
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Escape to your amazing mountain lakefront retreat, where crisp mountain air and tranquil surroundings invite you to get away from it all. Perfect for both indoor and outdoor entertaining, this stunning home features three levels of living space with 5 spacious bedrooms spread over 4,206 square feet.
Enjoy long days on the lake with direct access from the lake level floor to your private dock and boat. After a day of adventure, unwind on the expansive decks that wrap around each level, offering breathtaking west-facing views of the mountains and sunsets. This home is perfect for indoor and outdoor entertainment alike with ample deck space and outdoor built in barbeque.
Inside, the open and inviting layout is ideal for large gatherings. Host a game night in the game room, relax by the cozy wood-burning stove, or share a toast at the wet bar. The bright eat-in kitchen is perfect for whipping up your favorite meals, complemented by the formal dining room for special occasions. With a sauna, private outdoor space, and an attached garage, this home is your personal sanctuary. Plus, enjoy access to a tennis court and a common sauna through the HOA, making it the perfect spot for embracing the mountain lifestyle. This home has an amazing layout and is ready for the next owner to leave their mark.
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| Sep 16, 2020 | Sold | ||
| Sold | |||
| Jul 7, 2020 | Listed by RE/MAX Big Bear | $1,699,999 | |
| Listed by RE/MAX Big Bear | |||
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Lakeside Luxury on Deep Water Papoose Bay! 5 bed/4.5 bath home must be seen! This 3 story dream home was built for entertaining. Home has amazing west facing lake & mtn views! Relax on one of the 3 lake facing decks or take in the activity on the bay. The spacious living area features vaulted ceilings & a stone fireplace. The chefs eat-in kitchen opens up to the dining rm allowing the cook to be part of the party. 2nd floor includes all 5 bdrms, including master suite w/views & access to a fabulous deck. Don't forget about the game rm on the 3rd level complete w/pool table, wet bar, wine closet, wood burning stove & dedicated sauna rm. The perfect spot to play, watch movies & hang steps from your dock & boat lift, landscaped yard & a patio w/outdoor kitchen & BBQ. Newer vinyl siding & TREX decking complete the exterior to provide maintenance free living & your 2 car attached garage is fantastic when it's time to unload the cars. HOA includes use of Tennis Ct, Basketball Ct & Clubhouse
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017