37
Map
138 Serene ST
About This Property
The main residence showcases soaring 24-ft beamed ceilings, an open layout filled with natural light, and wall-to-wall windows framing panoramic lake views. The chef's kitchen with double ovens and custom cabinetry flows to casual and formal dining and expansive outdoor living with a kitchen and fireplace. The primary retreat offers a stone-clad fireplace, spa bath, and water panoramas. Two main-level offices, plus upstairs media and game rooms with wet bar, ensure year-round enjoyment.
Outdoors, an infinity-edge pool with rock waterfalls anchors the setting, with a gently sloping lawn to the water's edge. An attached four-car garage includes a covered boat bay and workshop. A private irrigation well and high-speed internet provide modern convenience.
Adding the adjacent 4-acre tract expands your usable shoreline, increases privacy, and opens possibilities for future amenities or guest quarters. Ownership in Mystic Shores includes a 26-acre lake park with resort pool, tennis & pickleball, sand volleyball, trails, and more.
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 |
|---|---|---|---|
| Mar 4, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Jan 23, 2026 | Price Decreased |
$2,645,000
↓ $45K
(1.7%) | |
| Price Decreased | |||
| Nov 13, 2025 | Price Decreased |
$2,690,000
↓ $100K
(3.6%) | |
| Price Decreased | |||
| Sep 17, 2025 | Listed by Christie's Int'l Real Estate | $2,790,000 | |
| Listed by Christie's Int'l Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017