21311 Baltic Drive
About This Property
A rare and exciting opportunity to own an exquisitely crafted Simonini-built waterfront home in the coveted Captains Point community-now available at an extraordinary new price!
The Property & Design
Designed for refined living, this distinguished estate boasts a striking facade of stacked stone, Hardy board, and shaker accents, complemented by a grand covered porch. Inside, a soaring foyer introduces elegant living spaces, including a formal dining room with intricate millwork and a sunlit great room anchored by a marble-surround fireplace. The chef's kitchen is an absolute dream, featuring a substantial island, premium appliances, and a walk-in pantry, seamlessly flowing into a sun-drenched breakfast nook with serene lake views. A stately office opens directly to a covered loggia with a cozy stone fireplace, perfect for year-round enjoyment.
****Unmatched Lake Access & Outdoor Living****
This is where the magic happens! This is the ONLY home in the neighborhood that offers the ultimate convenience: the ability to pull your pontoon boat right up to your private beach and walk effortlessly from the sand into your backyard! Forget the dock (though a deeded slip is also included)-experience true, direct boat-to-backyard access.
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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 |
|---|---|---|---|
| May 15, 2026 | Sold | ||
| Sold | |||
| Mar 31, 2026 | In contract | - | |
| In contract | |||
| Mar 14, 2026 | Price Decreased |
$1,454,000
↓ $15K
(1%) | |
| Price Decreased | |||
| Jan 8, 2026 | Price Decreased |
$1,469,000
↓ $30K
(2%) | |
| Price Decreased | |||
| Nov 13, 2025 | Price Decreased |
$1,499,000
↓ $50K
(3.2%) | |
| Price Decreased | |||
Property Highlights
Building Info
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About Cornelius
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$2,495 /mo
- 3 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017