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1106 CONFEDERATE DRIVE
About This Property
Located within the private, gated Lake of the Woods community, you'll enjoy a true resort-style lifestyle! From over 530acres on 2 lakes to multiple sandy beaches, 2 marinas, an 18-hole golf course & clubhouse, 2 pools (featuring a children's splash pad/activity area, water slide and swim team), fitness center, tennis and pickleball courts, equestrian center, parks, walking trails, on-site dining, a full calendar of social/community events and so much more. Lake of the Woods offers an active lifestyle that's hard to find anywhere else!!
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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.
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 25, 2026 | In contract | - | |
| In contract | |||
| Sep 1, 2026 | Listed by Real Broker, LLC | $325,000 | |
| Listed by Real Broker, LLC | |||
| Apr 25, 2025 | Sold | ||
| Sold | |||
| Apr 4, 2025 | In contract | - | |
| In contract | |||
| Mar 31, 2025 | Listed | $299,900 | |
| Listed | |||
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Welcome to 1106 Confederate Drive, a beautifully updated home nestled in the sought-after Lake of the Woods community! This stunning home boasts an open floor plan filled with natural light, complemented by high ceilings, recessed lighting, and luxury vinyl plank flooring throughout. The gourmet kitchen is a chef’s dream, featuring white shaker cabinets, a white subway tile backsplash, gleaming white granite countertops, stainless steel appliances, and a spacious peninsula with a breakfast bar - perfect for entertaining! Adjacent to the kitchen is a bright dining area with sliding glass doors leading to the yard, seamlessly connecting indoor and outdoor living. The inviting living area features a cozy fireplace and a large bay window, creating a warm and welcoming atmosphere. The home offers three spacious bedrooms with ample closet space and lavish bathrooms designed for comfort and style. Situated in the vibrant Lake of the Woods community, residents enjoy two pristine lakes for boating, fishing, and swimming (boats must be registered), a USGA golf course with a Pro Shop and café (membership fee), an Equestrian Center, tennis courts (membership fee), a fitness center (membership fee), and two outdoor pools. This gated community also offers a clubhouse, parks, playgrounds, sports courts, walking trails, and numerous social events and activities year-round. Whether you seek relaxation, adventure, or an active lifestyle, this home provides the perfect blend of comfort and community living.
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About Lake of the Woods
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017