206 Lighthouse Point Road
About This Property
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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%.
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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.
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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 17, 2024 | Sold | ||
| Sold | |||
| Mar 20, 2023 | Listed by Coldwell Banker Islands Realty | $695,000 | |
| Listed by Coldwell Banker Islands Realty | |||
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If you like glorious sunsets on sandy beaches and end of the road privacy you have found your Champlain Island year-round retreat. This elegant Isle La Motte residence offers one level living with a comfortable primary bedroom suite with lake views and ensuite master bath with tile floors, double vanity, separate shower and garden tub. Enjoy curling up with a book in the spacious living area in front of the fireplace on cool autumn evenings or a cup of morning coffee in the bright and well appointed sunroom overlooking the beach. The galley kitchen has tile flooring and been recently updated with granite countertops, new hardware, and appliances. The dining room has hardwood floors and a bay window with pastoral views of the Isle La Motte lighthouse. Two guest rooms compliment the 1st floor and share a Jack and Jill bath. The lower level has been recently finished with a large family room with wood laminate floors, new windows and sliders that lead to newly built walkout lakefront deck. This level also includes 13 x 12 room which can be used as a bedroom or office and a full bath. Another courtyard deck greets you as you enter the home which sits opposite the gazebo and a hardcourt tennis court. It would be possible to convert to pickle ball courts as well. The property is privately situated near the end of Lighthouse Point and the ILM Lighthouse. There is a broad sandy beach in the summer, perfect for swimming, paddle boarding, boating and roaring bonfires.
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| May 7, 2020 | No longer available | - | |
| No longer available | |||
| Mar 9, 2020 | Relisted | $450,000 | |
| Relisted | |||
| Mar 7, 2020 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017