21 E CENTENNIAL DRIVE
About This Property
same wing provides the perfect setting for watching sporting events with family and
friends. Upstairs, a second-floor laundry room offers added convenience, accessible from both a
bedroom and the main hallway. This home is loaded with premium features including oak and slate flooring throughout, 225 feet of brand-new bulkhead lakefront, whole-home surround sound and Wi-Fi
boosters, generator, a central alarm and full security system with cameras, and four-zone HVAC in
the main residence. Parking and storage are abundant with a two-car attached garage
featuring an EV charger, and a separate three-car detached garage with a large space
above-ideal for storage, a studio, or future finished space.
The separate two-bedroom guest cottage and in-law suite offers its own private driveway
entrance, separate well and septic system, and features oak flooring, stainless steel
appliances, recessed lighting, a spacious sitting area, and sliding doors leading to its own
private patio overlooking the beach. The cottage also boasts a large kitchen with center
island and its own dedicated HVAC system, making it an ideal setup for guests, extended
family, or rental income.
With elegant finishes, thoughtful design, and peaceful lakefront living, this one-of-a-kind
property is the perfect blend of privacy, luxury, and comfort.
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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 17, 2025 | Sold | ||
| Sold | |||
| Aug 29, 2025 | In contract | - | |
| In contract | |||
| Aug 4, 2025 | Listed by BHHS Fox & Roach - Haddonfield | $2,950,000 | |
| Listed by BHHS Fox & Roach - Haddonfield | |||
| Dec 12, 2017 | Sold | ||
| Sold | |||
| Apr 26, 2017 | Listed by Keller Williams Realty - Medford | $999,900 | |
| Listed by Keller Williams Realty - Medford | |||
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Here is your chance to own this once in a lifetime treasure, rarely offered. This Frank Lloyd Wright inspired private lakefront estate nestled among the pines sits majestically on sought after Centennial Lake. This gem could easily be featured in an architectural digest style magazine with its incredible use of space, material & location. 340' of water frontage surrounded by a stone wall sitting at the widest part of the lake boasting breathtaking views. The estate comprises a unique one of a kind ranch style home, a charming completely separate guest cottage, three car detached garage w/ finished room atop, screen house, boat house style shed, potting shed, multiple patios, diving board, beach & play area. The resplendent main house features an enormous cathedral ceiling beamed great room with two huge sliding glass doors that slide away opening the outside in. A true marvel complete with slate floor, ornate wood floor inset, stone fireplace & many hidden doors & features. The floor plan of the entire ranch home was created just for grand entertaining inside and outside. Well thought out sliding glass doors placed in the great room, French doors in the dining, kitchen & family room all open to either the back yard, patio covered pergola or the slate tiled terrace ? all with lake views. Tray ceiling dining room with coordinating hand painted walls and elegant chandelier, custom built in lighted display china closet. Light, bright and airy best describes the gourmet kitchen open to the breakfast room. White kitchen cabinetry, coordinating corian counter top, tile backsplash, high end full appliance package including SS subzero refrigerator, double oven, electric cook top, ss dishwasher, multiple sinks & pantry. Service hall - storage, laundry room & powder room. Vaulted ceiling room with beautiful mouldings and lighting accents features hot tub, custom cabinetry and TV cabinet. The family room is open to the kitchen & breakfast room. The quiet bedroom wing houses four beautifully appointed bedrooms and two full Luxury bathrooms. Lakeside Master Bedroom with generous closets, huge bathroom and soaking tub. Guests (in law or au pair suite) will enjoy their own slice of lakefront heaven in the 1 bedroom 1 bath cottage with living room open to the cathedral kitchen, laundry & storage. Lush sprinkler fed landscaped grounds including a rock garden & ornamental gazebo. The house and grounds have been meticulously maintained and include recent upgrades.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017