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1260 LAKESIDE DRIVE
About This Property
This well-maintained home features an open floor plan with beautiful lake views, an oversized living area, and a paver deck perfect for relaxing or entertaining. The split-bedroom layout offers privacy with two spacious ensuite bedrooms, each with large walk-in closets, plus tile flooring throughout-no carpet.
Recent updates include a smart Beehive water control system, whole-house reverse osmosis, new water pump, updated PVC plumbing, new washer/dryer, new toilet, faucets, and disposal, along with fresh exterior paint.
Outside, enjoy upgraded landscaping with river stone, seven new palm trees, fruit trees, a seawall, and an oversized driveway for ample parking.
Located on a quiet street with no HOA or deed restrictions, just minutes to Historic Downtown Venice, Venice Beach, Caspersen Beach, the Venice Fishing Pier, golf, boating, and the Legacy Trail.
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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 |
|---|---|---|---|
| Jul 15, 2026 | Sold | ||
| Sold | |||
| Jun 3, 2026 | In contract | - | |
| In contract | |||
| May 19, 2026 | Price Decreased |
$349,000
↓ $16K
(4.4%) | |
| Price Decreased | |||
| Apr 27, 2026 | Price Decreased |
$365,000
↓ $10K
(2.7%) | |
| Price Decreased | |||
| Feb 17, 2026 | Listed by THE KEYES COMPANY - SARASOTA | $375,000 | |
| Listed by THE KEYES COMPANY - SARASOTA | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017