696 County Road 2601 Road
About This Property
EXTRAORDINARY WATERFRONT PROPERTY SITUATED ON 1.53 ACRES ON LAKE BOB SANDLIN IN THE HIGHLY DESIRABLE THUNDERBIRD POINT SUBDIVISION. Featuring expansive open-water frontage, panoramic lake views, abundant mature trees, and beautifully maintained grounds, this exceptional property offers the perfect blend of privacy, recreation, and future potential.
The 3-bedroom, 2-bath residence showcases a thoughtfully designed open-concept floor plan with seamless indoor-outdoor living. Expansive decking surrounds both the main home and detached casita, creating multiple spaces for relaxing, entertaining, and taking in the breathtaking natural setting.
The private casita includes a full bathroom and shower, providing comfortable accommodations for guests or extended stays. Additional amenities include a covered carport, private boat slip, boat deck, and direct access to boating, fishing, and watersports. Enjoy spectacular sunsets and stunning lake views from nearly every vantage point on the property.
Residents of Thunderbird Point enjoy access to a private community dock and swimming pool. Conveniently located near shopping, restaurants, and a private airport, this property offers the ideal balance of peaceful lakefront living and everyday convenience.
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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 28, 2026 | Sold | ||
| Sold | |||
| Aug 4, 2026 | In contract | - | |
| In contract | |||
| Aug 1, 2026 | Relisted | $775,000 | |
| Relisted | |||
| Jul 22, 2026 | In contract | - | |
| In contract | |||
| Jul 16, 2026 | Price Decreased |
$775,000
↓ $285K
(26.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017