40
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8533 Western
About This Property
The main living area is designed for both comfort and entertaining, with a two story family room anchored by a fireplace and open to the kitchen and dining. The kitchen offers an oversized island with seating, 5 burner gas cooktop, and a walk in pantry. The primary suite is privately located on the main level and offers a spacious bath with dual vanities, soaking tub, separate glass enclosed shower, and a large walk in closet.
Upstairs, an oversized game room captures elevated lake views and provides flexible space for media or gathering. A private guest suite with full bath is complemented by three additional secondary bedrooms connected by a Hollywood style bath. Outdoor living includes a covered patio and a turfed side yard for low maintenance enjoyment.
Located in The Tribute, residents enjoy resort style amenities including golf, pools, a marina, and miles of lakeside trails. One of the only homes on the market with this combination of view, access, and layout.
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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%.
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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.
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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 3, 2026 | In contract | - | |
| In contract | |||
| Apr 29, 2026 | Listed by Compass RE Texas, LLC | $950,000 | |
| Listed by Compass RE Texas, LLC | |||
| May 30, 2023 | Sold | ||
| Sold | |||
| Aug 3, 2022 | Listed by Perry Homes Realty LLC | $841,900 | |
| Listed by Perry Homes Realty LLC | |||
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PERRY HOMES NEW CONSTRUCTION! Welcoming entry with 13-foot ceilings opens to family room, dining area and kitchen. Two-story family room with a wall of windows and a wood mantel fireplace. Island kitchen with built-in seating space, 5-burner gas cooktop and a corner walk-in pantry. Dining area with a wall of windows. Secluded primary suite features a bedroom with three large windows, French door entry to primary bathroom, dual vanities, garden tub, separate glass enclosed shower, linen closet and a generous walk-in closet. Second floor hosts a large game room, guest suite with full bathroom and walk-in closet, additional bedrooms and a Hollywood bathroom. Covered patio. Utility room and mud room just off the rear two-car garage.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017