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7060 Hells Gate Loop
About This Property
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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 |
|---|---|---|---|
| May 18, 2026 | Listed by Lake Homes Realty, LLC | $1,599,000 | |
| Listed by Lake Homes Realty, LLC | |||
| Jan 22, 2026 | No longer available | - | |
| No longer available | |||
| Jul 12, 2025 | Listed by Weatherbee Real Estate | $1,699,000 | |
| Listed by Weatherbee Real Estate | |||
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Nestled in a secluded area overlooking Possum Kingdom Lake's famous Hell's Gate, this unique property offers an unparalleled living experience. With nearly 6 acres of land, a beautiful two story home, a separate bonus house, and a large shop, this Estate provides ample space for relaxation, entertainment, and outdoor activities. The main residence, built in 2011, features a wrap around porch with stunning views, 3 bedrooms, 2 bathrooms, and an open concept kitchen and living room. Recent updates include new HVAC and Trex Decking Boards in 2024, a water heater in 2021, and new carpeting with a lifetime warranty in May 2025. The bonus home was built in 2024 and provides additional living space. 1200 sq ft on the first floor with a 600 sq ft loft! Spray foamed with enhanced energy efficiency and superior thermal insulation. An expansive, custom built playground, that includes a trampoline, merry go round, super geo dome climber, and 3 huge playhouses with slides and swings. This is essentially your own personal park for the kids. The property also boasts a massive 4,000 sq foot garage, with a 700 sq ft workout gym in the upstairs, and meticulously maintained ATV trails. Plenty of storage for your boats, ATV's, toys, tools, etc. Platted as a residential estate lot, which allows you to have horses. This exceptional property offers a unique blend of natural beauty, luxurious living, and endless possibilities! Come see for yourself the breath taking views!
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| Mar 3, 2022 | No longer available | - | |
| No longer available | |||
| Sep 16, 2021 | Listed by Lake Homes Realty, LLC | $1,200,000 | |
| Listed by Lake Homes Realty, LLC | |||
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This amazing property sits on almost 6acres of fenced, landscaped yet natural terrain overlooking beautiful Hells Gate Cove & feels like miles from anywhere! Room to roam through hills & trails but never leave your home on the range. For those who enjoy a workshop, this one has it all - room for your boat, toys or vehicles, auto lift, expansive storage, multiple overhead doors, even a private gym in the loft over the garage with awesome views! A covered drive between the house & rose garden beckons you into a beautifully maintained home w-fireplace, open living-kitchen concept & views from every room. Come see the many unique features - master suite with wrap-around deck, ornate trim throughout & so much more!! The manager has listed the unit size as 2100 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017