50
Map
20 Point Drive S
About This Property
At the heart of the home is an impressive 500-square-foot living room designed to capture the beauty of the lake from nearly every angle. Floor-to-ceiling windows fill the space with natural light while framing sweeping waterfront views. A stunning wood-burning fireplace creates warmth and character, while the expansive wraparound deck seamlessly extends the living space outdoors for effortless entertaining and panoramic lake views. Beautiful stained-glass accents throughout the home further enhance its unique architectural charm and inviting atmosphere. The dining room features a dramatic wall of floor-to-ceiling windows with elegant French doors leading out to the rear deck, creating a stunning indoor-outdoor dining experience overlooking the lake. The home beautifully blends timeless character with over $125,000 in recent improvements, including new Andersen energy-efficient windows and patio/balcony sliding doors, a newly installed Belgian block-lined gravel driveway, new automatic garage door, new LeafGuard gutters, new flooring in the kitchen, dining room, and living room, refinished original wood floors in all bedrooms and the home office, and new kitchen appliances. The grounds are simply spectacular. Mature plantings, vibrant perennial gardens, impressive stone walls surrounding much of the property, two magnificent magnolia trees, a greenhouse, and exquisite stonework throughout create a setting unlike any other. A beautiful pergola with a stone patio and a picturesque turret overlooking the water offer additional outdoor spaces ideal for entertaining, relaxing, or enjoying quiet evenings by the lake. The expansive front and back yards provide ample space for gatherings while the walkout basement leads directly to a private dock, providing effortless access to boating, kayaking, fishing, and all the beauty of lakefront living. Every season at this extraordinary home offers its own beauty - from vibrant spring blooms and lush summer landscapes to spectacular autumn colors and peaceful snow-covered winter mornings. More than a home, this is a rare legacy property where nature, tranquility, privacy, and lifelong memories come together on one of Heart Shaped Lake's most extraordinary waterfront settings.
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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 |
|---|---|---|---|
| Jul 23, 2026 | Sold | ||
| Sold | |||
| Jun 11, 2026 | In contract | - | |
| In contract | |||
| May 7, 2026 | Listed by RE/MAX Classic Realty | $749,900 | |
| Listed by RE/MAX Classic Realty | |||
| Apr 9, 2025 | In contract | - | |
| In contract | |||
| Mar 28, 2025 | Listed | $675,000 | |
| Listed | |||
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Make this lakefront home on Lake Peekskill your own. Discover a rare opportunity to own a unique 4-bedroom, 2,000+ sq. ft. lakefront colonial, situated on a cul-de-sac in the highly sought-after Lake Peekskill community. Boasting unparalleled water views on the point, this exceptional home offers the perfect blend of charm and character. Step into the sun-drenched living room, where floor-to-ceiling windows showcase the shimmering lake and elegant stained glass accents add a touch of timeless beauty. The formal dining room opens to a wraparound deck, ideal for seamless indoor-outdoor living and entertaining. Outside, enjoy the picturesque back patio, a pergola overlooking the water, and a charming covered front porch, all surrounded by lush flower gardens, a majestic 150-year-old oak tree, and historic stone walls and archways. A floating dock invites you to swim, boat, or simply relax by the water, while a spacious driveway, detached 2-car garage, and greenhouse provide added convenience. The unfinished 1,000+ sq. ft. basement offers endless possibilities for expansion. Whether you're looking for a year-round residence or a tranquil weekend retreat, this lakefront gem is the perfect setting for relaxation, recreation, and unforgettable memories. Don’t miss this once-in-a-lifetime opportunity! Schedule your private tour today.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017