6657 Ivy Ridge CIR
About This Property
Rare opportunity to own a scenic Stillhouse Hollow Lake-view property nestled among mature trees on approximately 0.74 acres. This unique home offers a peaceful, treehouse-like setting with panoramic views and exceptional privacy.
One of the home's standout features is a dramatic wall of windows spanning the den, kitchen, and primary bedroom, creating an immersive indoor-outdoor experience with abundant natural light, beautiful lake views, and a canopy of mature trees.
The upper level includes the primary living areas, kitchen, and primary bedroom. The lower level offers two additional bedrooms, a dedicated office, full bathroom, and utility room, providing flexible space for guests, remote work, hobbies, or multigenerational living.
Recent improvements include a 2024 HVAC system with programmable thermostat. Additional features include a long private driveway, covered carport, and an office with a private exterior entrance.
This property offers significant upside for investors, renovators, or buyers seeking a lake-view retreat they can customize to their vision. Plenty of value-add potential for the right buyer.
Please use caution and do not access the rear deck stairs, as they are uneven and considered unsafe.
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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 |
|---|---|---|---|
| Oct 5, 2026 | In contract | - | |
| In contract | |||
| Aug 21, 2026 | Price Decreased |
$239,000
↓ $11K
(4.4%) | |
| Price Decreased | |||
| Jul 23, 2026 | Listed by The Groove Realty | $249,900 | |
| Listed by The Groove Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017