11624 Moran Road
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Oct 31, 2025 | Sold | ||
| Sold | |||
| Oct 30, 2025 | In contract | - | |
| In contract | |||
| Oct 7, 2025 | Price Decreased |
$1,750,000
↓ $400K
(18.6%) | |
| Price Decreased | |||
| Jul 8, 2025 | No longer available | - | |
| No longer available | |||
| Jul 7, 2025 | Listed by Leah Dunn Real Estate Group | $2,150,000 | |
| Listed by Leah Dunn Real Estate Group | |||
| | |||
|
Nestled on a sprawling 1.744-acre lot, this one-of-a-kind lakefront property offers an exceptional setting for both relaxation and recreation. The current home, a secondary residence, sits near the site of a previously larger home that has since been torn down, leaving ample room for a new build. With a serene and private retreat-like atmosphere, the property features large trees that lead directly to the lake, offering stunning water views. The sparkling pool—complete with a brand-new liner—great for outdoor entertainment, while the basketball court and plenty of open space allows for various activities. The newly installed custom ornate fencing with a gated entrance and personnel door ensures both privacy and security.
Brand-new seawall, complete with stairs leading down to the water and onto a sandy beach. Boat dock and lift are designed to accommodate a 24' boat, with an additional lift for jet skis. Solar panels eliminate electric bills, providing a cost-effective living solution. For those with hobbies or storage needs, a massive 90x35 shop with 3 hangar-style garage doors, operated by a hydraulic system, is ideal for your projects. There's also a 2-car carport offering plenty of parking. Inside, the spacious primary bedroom includes a large ensuite bath and a generous walk-in closet with built-ins. A secondary living area offers added comfort and convenience. The property is well-maintained with a sprinkler system, lake pump, and co-op water, while the septic system with two 500-gallon tanks and propane tanks for gas-powered appliances ensure functional living. A working outhouse is also available, perfect for construction workers or as an added convenience during outdoor projects. This lakefront haven offers endless possibilities for enjoyment, luxury, and future development. Whether you choose to live in the current home or envision a brand-new build, this is the ultimate spot to create your dream lakeside lifestyle. Seller finance available.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017