185 Lakeview Drive
About This Property
Discover your perfect getaway or year-round retreat in this beautifully updated lakefront single family home. Featuring 2 full bedrooms downstairs , 1.5 bathrooms, plus a loft-style bedroom upstairs, this charming property offers a unique blend of modern comfort and cozy charm that's ideal for those seeking a peaceful lifestyle or a top performing short-term rental investment. Enjoy stunning lake views right from your own private dock, or unwind on the covered rear deck overlooking a nicely landscaped backyard that's perfect for entertaining or relaxing by the water. The privacy fence adds a secluded feel, while the covered carport and large driveway provide ample parking for you and your guests. Step inside to find a wood-burning fireplace, central heat and air, and modern upgrades throughout. Whether you're cozying up by the fire in the cooler months or enjoying outdoor living in the summer, this home is designed for comfort in every season. Located in a tranquil lakefront setting, yet close to all the essentials, this is a rare opportunity to own a move-in ready home that checks all the boxes-live in it, rent it, or both!
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Nov 19, 2025 | Sold | ||
| Sold | |||
| Sep 17, 2025 | In contract | - | |
| In contract | |||
| Aug 18, 2025 | Listed by Ranch Realty of Texas | $249,000 | |
| Listed by Ranch Realty of Texas | |||
| Mar 25, 2023 | No longer available | - | |
| No longer available | |||
| Jan 29, 2023 | Price Decreased |
$285,000
↓ $10K
(3.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017