1798 LAKEDGE Drive
About This Property
Inside, the home features all-new drywall, interior trim, paint, and moulding, complemented by solid core wood doors with new hardware, fresh switch plates and plugs, updated lighting fixtures, and new ceiling fans throughout. New carpet and luxury vinyl plank flooring create a warm, cohesive feel in every room.
The gourmet kitchen has been fully gutted and redesigned, now showcasing soft-close cabinetry, updated hardware, granite countertops with a custom tile backsplash, and a farmhouse apron sink. High-end appliances include a double oven, refrigerator, microwave, and a drop-in downdraft cooktop. A new pot filler, modern plumbing fixtures, and recessed lighting elevate the space further. The former wet bar has been transformed with new cabinetry, quartz countertops, and recessed lighting for added function and style.
All three bathrooms have been fully renovated with new vanities, faucets, toilets, towel bars, lighting, and tile. The downstairs bath includes a new tub/shower surround and flooring, while the upstairs middle bathroom features a custom vanity and quartz countertops. The luxurious primary suite offers a spa-like retreat with a new vanity, granite counters, dual sinks, a soaking tub, frameless glass shower with niche and bench, custom tile surround, and high-end fixtures.
Additional updates include new cabinetry in the laundry room for added storage, a new upstairs HVAC system, and electrical upgrades throughout. Drop ceilings in the kitchen and primary bath were removed to accommodate modern recessed lighting.
Step outside to your private outdoor oasis, complete with a custom oversized in-ground saltwater pool and spa, surrounded by a full screened enclosure and paver deck. The Aqualink system and underground gas tank offer efficient pool and spa heating. The backyard has been reimagined with all-new sod, selective tree removal, and extended living space leading to your private dock with stairs, a platform, and water access ladderideal for boating, fishing, or simply enjoying lakeside sunsets.
Additional exterior enhancements include rear privacy and aluminum fencing, new garage doors, a new front door, and updated siding and trim with full exterior paint. New energy-efficient glass has been installed in French doors and windows, along with upgraded exterior lighting by the garage and pool areas.
Perfectly located near top-rated schools, shopping, and dining, 1798 Lakedge Dr is a rare opportunity to own a move-in-ready estate on the waterwhere no detail has been overlooked.
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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 |
|---|---|---|---|
| Oct 15, 2025 | Sold | ||
| Sold | |||
| Sep 18, 2025 | In contract | - | |
| In contract | |||
| Jul 17, 2025 | Price Decreased |
$1,150,000
↓ $25K
(2.1%) | |
| Price Decreased | |||
| Jun 9, 2025 | Listed by KELLER WILLIAMS ST JOHNS | $1,175,000 | |
| Listed by KELLER WILLIAMS ST JOHNS | |||
| Nov 6, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017