159 Lakeshore Drive
About This Property
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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 |
|---|---|---|---|
| Aug 29, 2025 | Sold | ||
| Sold | |||
| Jul 27, 2025 | In contract | - | |
| In contract | |||
| Jul 23, 2025 | Listed by Coldwell Banker Realty - Westwood | $1,200,000 | |
| Listed by Coldwell Banker Realty - Westwood | |||
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Rare and stunning waterfront property offers amazing views & direct water access. Breathtaking sunsets all year long. This move in ready one level home has been meticulously cared for, updated and ready for its new owner to enjoy. The open floor plan and large windows allow for water views and natural light to beam throughout. Front sitting room with fireplace is open to a recently renovated kitchen with expansive island and eat in area. Tastefully appointed with high end finishes and appliances adding great space and storage. The three bedrooms include the spacious primary suite with large picture window that welcomes further views of the water. There is a new bath and walk in closet. The family room with fireplace and builtins is a great space to relax with hardwood floors and sliders to access the deck that overlooks the serene setting and level fenced yard. Walk to steps that lead down to the pond for boating and kayaking. Partially finished lower level with office.
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| Aug 14, 2015 | Sold | ||
| Sold | |||
| Jun 4, 2015 | Listed by Coldwell Banker Residential Brokerage - Westwood | $629,000 | |
| Listed by Coldwell Banker Residential Brokerage - Westwood | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017