40
Map
8937 Random Road
About This Property
The galley kitchen impresses with granite countertops, stainless appliances, and a gas range, flowing seamlessly into a spacious dining area and a dedicated wet bar, perfect for entertaining. The oversized primary suite features direct outdoor access and a spa-inspired bath with a walk-in tile shower and granite vanity.
Step outside and the property truly shines. The two-story boat dock house is a lakefront entertainer's dream in the making. The covered lower level houses a full boat slip with lift system. Above, a generous 500 sq ft second-story living space features a living area plus a detached restroom for ultimate convenience. A hot tub, extended fishing pier, and open sun deck round out this incredible waterfront complex, all framed by panoramic Eagle Mountain Lake views.
The dock does need renovation, but the infrastructure, the space, and the views are all there. Here's the opportunity, this property is priced below comparable lakefront homes with updated docks. Invest in the repairs, build instant equity, and end up with a full resort-style retreat on Eagle Mountain Lake for a fraction of the cost.
The lake is calling. The home is ready. The upside is yours. Come out and have a look today!
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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 22, 2026 | Relisted | $899,500 | |
| Relisted | |||
| Oct 9, 2026 | In contract | - | |
| In contract | |||
| Sep 23, 2026 | Price Decreased |
$899,500
↓ $30K
(3.2%) | |
| Price Decreased | |||
| Sep 3, 2026 | Price Decreased |
$929,500
↓ $16K
(1.6%) | |
| Price Decreased | |||
| Aug 5, 2026 | Price Decreased |
$945,000
↓ $15K
(1.5%) | |
| Price Decreased | |||
Property Highlights
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About Lake Country
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$2,150 /mo
- 3 Beds
- 2 Baths
- 1,450 ft²
$4,995 /mo
- 3 Beds
- 2 Baths
- 3,244 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017