14808 Shady Trail Circle
About This Property
The boathouse is a standout feature with a large covered sitting area, tongue-and-groove wood ceiling, boat and PWC lifts, teak railings, modern cable railing, and an expansive party deck with aluminum cool decking.
A waterside screened porch extends the outdoor living space and offers another spot to enjoy the open water views.
Inside, the waterside sunroom captures the open water views and provides flexible space for a second living area, dining area, home office, and guest overflow. A third full bath is conveniently located off the sunroom and laundry room and includes a utility sink and additional storage.
The sunroom opens to the remodeled living, dining, and kitchen areas featuring luxury vinyl plank flooring, shaker-style cabinetry, stainless appliances, an oversized peninsula with bar seating, and abundant workspace.
The home's two oversized bedrooms each feature private updated ensuite baths and generous space for multiple beds, making it well suited for hosting family and guests.
The spacious waterfront yard includes a large fenced area and is irrigated by a lake pump sprinkler system. New impact resistant Class 4 shingle roof Sept. 2026 qualifies for State Farm insurance premium reduction. A rare combination of extensive updates, exceptional outdoor living spaces, and 164 feet of shoreline makes this property ideal for full-time living or weekend lake getaways. The generous homesite and surrounding luxury homes create a unique opportunity for both today's enjoyment and tomorrow's vision.
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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 | Price Decreased |
$775,000
↓ $24K
(3%) | |
| Price Decreased | |||
| Jun 17, 2026 | Listed by Ebby Halliday Realtors | $799,000 | |
| Listed by Ebby Halliday Realtors | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017