1 Circle Beach Lane
About This Property
In addition to the main floor bedroom and bath, the upper level includes three bedrooms, a full bath, and a versatile bonus room that opens to a private balcony. This flexible space is perfect for use as an additional living area, game room, or bunk room. Over the past few years, the home has seen numerous upgrades, including all new windows and doors, newly poured concrete walkways, and a covered patio-perfect for outdoor relaxation. A brand-new roof was installed in 2025. The fully fenced yard includes a firepit area and is served by a new lake pump installed in 2024 that feeds an automatic sprinkler system covering the entire yard. A long driveway provides ample parking for multiple vehicles and leads to an oversized detached garage, newly equipped with electric in 2024, large enough to accommodate trucks and a bass-sized boat. The 2020 boathouse features a spacious party deck with spectacular open water views and an automatic remote-controlled boat lift. Two lakeside storage sheds, both with concrete floors-one with 220V power-offer great space for storing water toys, yard equipment, or workshop tools. Includes furnishings with some exclusions. Short Term Rentals Prohibited.
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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 |
|---|---|---|---|
| Nov 18, 2025 | Sold | ||
| Sold | |||
| Oct 20, 2025 | In contract | - | |
| In contract | |||
| Sep 25, 2025 | Price Decreased |
$485,900
↓ $28K
(5.5%) | |
| Price Decreased | |||
| Sep 15, 2025 | Price Decreased |
$514,000
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Aug 26, 2025 | Price Decreased |
$524,000
↓ $25K
(4.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017