18 Point Drive S
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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 |
|---|---|---|---|
| May 12, 2025 | Sold | ||
| Sold | |||
| Apr 10, 2025 | In contract | - | |
| In contract | |||
| Mar 14, 2025 | Listed by Houlihan Lawrence Inc. | $625,000 | |
| Listed by Houlihan Lawrence Inc. | |||
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A rare waterfront retreat with spectacular lake views and your own private dock! Nestled on a quiet cul-de-sac, this charming lakeside home offers over 40 feet of private shoreline on Lake Peekskill’s distinctive heart-shaped lake—an absolutely stunning setting. Expansive windows on two sides capture breathtaking sunsets over the water. Thoughtfully designed, the home offers flexible living space, with vaulted ceilings enhancing the airy feel and a brick wood-burning fireplace adding warmth and character. Hardwood floors throughout complete its timeless charm. The generous walk-out basement provides additional space, along with a laundry area featuring a sink, ample storage, and an oversized garage. A large attic, currently used for storage, holds exciting potential for expansion. Outdoor highlights include a scenic multi-level deck, beautifully landscaped patios, and a sprawling lawn leading directly to your private dock. One of the few homes in the neighborhood with a driveway, this property offers additional off-street parking for up to four cars. All just under an hour from NYC—imagine the fun you’ll have every day with the lake just steps away! Waterfront properties like this are rarely available—don’t miss out!
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| Jul 27, 2020 | Sold | ||
| Sold | |||
| May 25, 2020 | Listed by RE/MAX Classic Realty | $450,000 | |
| Listed by RE/MAX Classic Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017