722 Three Skillet Road
About This Property
The moment you step through the custom Durango front door, the home makes an unforgettable impression. Rich wood accents, exposed walls, soaring vaulted ceilings, and exceptional craftsmanship create a warm, lodge-inspired atmosphere that feels both impressive and inviting. Every space has been thoughtfully designed to showcase the home's distinctive character and timeless appeal.
At the heart of the home, the open-concept living area is anchored by a dramatic floor-to-ceiling stone fireplace, creating the perfect gathering place for entertaining or relaxing at home. The kitchen blends beauty and function with granite countertops, a striking marble sink, generous workspace, and an effortless flow into the main living areas. Open-cell foam insulation adds energy efficiency and year-round comfort.
Step outside and experience one of the property's standout features: an expansive covered back porch with vaulted ceilings and gorgeous tongue-and-groove woodwork. Designed for outdoor living, this incredible space is ideal for morning coffee, evening gatherings, or simply unwinding while watching deer and other wildlife move across the acreage.
With generous living spaces, remarkable craftsmanship, private acreage, and a character-rich design rarely found in today's market, this is more than a home-it's a private Texas retreat with room to breathe, entertain, and enjoy country living at its best.
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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 |
|---|---|---|---|
| Sep 22, 2026 | Price Decreased |
$999,999
↓ $100K
(9.1%) | |
| Price Decreased | |||
| Sep 13, 2026 | Price Decreased |
$1,100,000
↓ $100K
(8.3%) | |
| Price Decreased | |||
| Aug 14, 2026 | Price Decreased |
$1,200,000
↓ $50K
(4%) | |
| Price Decreased | |||
| Aug 6, 2026 | Price Decreased |
$1,250,000
↓ $50K
(3.9%) | |
| Price Decreased | |||
| Aug 1, 2026 | Price Decreased |
$1,300,000
↓ $75K
(5.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017