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Map
151 LAKESIDE DRIVE
About This Property
Enter through solid wood doors to wide-open lake views, high ceilings, and a spacious layout with living and family areas centered around a gas fireplace. The chef's kitchen includes a Dacor six-burner gas range, built-in ovens and steamer, microwave, Silestone countertops, and movable island-ideal for everyday use or entertaining.
The first floor features a soundproofed room (previously a recording studio), a fitness room, and a full bath with a walk-in shower. Upstairs, the master suite overlooks the lake and offers two walk-in closets, a large bath with Jacuzzi tub, and a steam shower. Two additional bedrooms and another full bath complete the upper level.
Additional features include two laundry rooms, zoned A/C, tankless water heaters, irrigation from the lake, and city utilities. The property has operated as a successful Airbnb, and furnishings are negotiable with the sale.
This is a solid, well-built home in a prime lakefront setting with everything Florida living is about.
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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 2, 2026 | Price Decreased |
$799,000
↓ $26K
(3.2%) | |
| Price Decreased | |||
| Aug 14, 2026 | Price Decreased |
$825,000
↓ $70K
(7.8%) | |
| Price Decreased | |||
| May 8, 2026 | Price Decreased |
$895,000
↓ $100K
(10.1%) | |
| Price Decreased | |||
| Apr 14, 2026 | Price Decreased |
$995,000
↓ $55K
(5.2%) | |
| Price Decreased | |||
| Nov 21, 2025 | Price Decreased |
$1,050,000
↓ $50K
(4.6%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017