1156 Lakes Road
About This Property
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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 26, 2025 | Sold | ||
| Sold | |||
| Jul 26, 2025 | In contract | - | |
| In contract | |||
| May 8, 2025 | Listed by Epique Realty | $625,000 | |
| Listed by Epique Realty | |||
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Experience modern lakeside living at 1156 Lake Drive! This beautifully updated home is move-in ready and packed with recent upgrades for peace of mind and comfort. In 2023, a brand new 200 Amp electrical panel and a high-efficiency boiler were installed, ensuring reliable power and warmth year-round. Enjoy summer fun in your private pool, featuring a brand new liner also installed in 2023—perfect for relaxing or entertaining guests. Step inside to discover a bright, open-concept living space with large windows that showcase stunning lake views. The updated kitchen is ideal for home chefs, while the cozy living area with a fireplace invites you to unwind after a day on the water. Step out onto your spacious deck or patio to soak in the serene surroundings, or take advantage of direct access to Greenwood Lake for boating, fishing, and swimming. Located in a friendly lakeside community, you’re just minutes from local hotspots like The Helm and Emerald Point Restaurant & Marina. Everyday essentials are nearby, and the charming village of Warwick is a short drive away, offering boutique shopping, cafes, and seasonal events. Don’t miss your chance to own this turnkey lakeside gem at 1156 Lake Drive—schedule your private showing today and start living the Greenwood Lake lifestyle!
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| Mar 12, 2019 | Sold | ||
| Sold | |||
| Jan 7, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017