40
Map
606 Dunn Drive
About This Property
Outdoor features include an open deck, custom stone firepit, private pier, and boat dock. The gentle slope provides easy access from the home to the water without a steep grade. At approximately 90% lake capacity, the water depth at the dock is approximately 11 feet.
Recent improvements include a concrete driveway with two gated entrances, wrought-iron fencing, and covered boat or watercraft parking.This private waterfront property offers an exceptional setting for relaxing, entertaining, and enjoying everything Lake Palo Pinto has to offer.
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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 22, 2026 | Listed by Kirkpatrick Realty | $545,000 | |
| Listed by Kirkpatrick Realty | |||
| Aug 29, 2024 | Sold | ||
| Sold | |||
| Aug 5, 2024 | In contract | - | |
| In contract | |||
| May 22, 2024 | Listed by Cornerstone Home and Ranch | $549,000 | |
| Listed by Cornerstone Home and Ranch | |||
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PRICE DROP!!! Stunning waterfront house on Lake Palo Pinto, turn-key and completely furnished for vacation rental, weekend getaways or making it your home! Completely remodeled both inside and out, this property features a gorgeous living space addition built to enjoy during any season! Raise the overhead glass doors to take in the breeze, or cozy up with family and friends for movie night with a scenic backdrop of the lake and mountains. Entertain guests on open deck or around custom, stone firepit. Eleven FT depth at boat dock with lake at 90% capacity. Just a short distance down to water from house with no steep grade, or take the private pier down to the dock. Concrete drive with two gate entries, wrought-iron fence and covered boat or watercraft parking has been recently added. Personal watercraft is negotiable and seller has a boat for sale with only 4 hrs of activity! Must see to experience how awesome the look, location and privacy of this property!
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| Apr 21, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017