112 Lcr 752b
About This Property
Set along a broad stretch of waterfront, this property feels less like a traditional residence and more like a private family lake compound-designed for long weekends, full houses, late afternoons by the water and the kind of gatherings that become part of a family's history. The heart of the property is not a formal living room. It is the enormous covered outdoor living area facing the lake, where there is room to dine, lounge, entertain and spend entire days outside without ever feeling crowded. Beyond it, a wide lawn rolls toward the shoreline, a private dock reaches into the water, and a stone fire-pit creates another natural gathering place for evenings under the sky.
Inside, the home is comfortable, spacious and refreshingly unpretentious. Large living areas, a substantial kitchen and generously sized bedrooms make it easy to accommodate family and guests, while abundant windows keep the water and surrounding grounds connected to daily life.
And then there is everything beyond the main house.
A separate game room creates an entirely different kind of escape, with space for billiards, arcade games and whatever comes next. An additional outbuilding provides flexibility for storage, hobbies, lake equipment or future ideas, reinforcing the sense that this is a property meant to be used rather than simply admired. The scale of the grounds adds to that freedom, with open space between the home, shoreline, and auxiliary buildings.
That may be its greatest strength. This is not a lake home trying to impress with polish for its own sake. It offers something more enduring: space, water, recreation, and freedom. Room for boats and fishing rods. Room for children to run across the lawn. Room for friends to stay late. Room for traditions to take hold. Some properties give you a view of the lake. This one gives you a life on it.
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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 23, 2026 | Listed by eXp Realty, LLC | $975,000 | |
| Listed by eXp Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017