216 LIGHTHOUSE VIEW DRIVE
About This Property
Upon entering the two-story foyer, the formal living room and bonus room welcome you and provide ample space for unwinding or hosting guests. The thoughtfully designed interior offers four bedrooms and four and a half baths, including an upper-level primary suite with a cozy sitting room and a yacht-inspired bathroom. On the lower level, a fifth bedroom studio suite features an ensuite bath, sitting area, and granite bar top - ideal as an in-law or au pair suite. A separate entrance to the outdoors provides additional flexibility and privacy.
Natural light floods every room and frames the serene water views at every turn, accentuating the open-concept kitchen, dining area, and family room that flow seamlessly into the outdoor covered living spaces.
Three sets of oversized French doors open to the stunning waterside patios, featuring a PebbleTec saltwater heated pool, lush mature landscaping, and perfect elevation outside of the flood zone - a rare combination that enhances both beauty and peace of mind. A covered patio and pool cabana with a dedicated pool bath create the perfect environment for relaxing or entertaining as you take in the beauty of the bay.
The private dock with two boat lifts (12,500 lb and 30,000 lb) provides endless opportunities for fishing, crabbing, and boating, completing the ultimate waterfront lifestyle.
This home is more than a residence-it's a masterpiece of design and nature, crafted to immerse you in the soothing rhythm of life on the bay.
Welcome Home.
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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 |
|---|---|---|---|
| Apr 23, 2026 | Sold | ||
| Sold | |||
| Mar 19, 2026 | In contract | - | |
| In contract | |||
| Mar 12, 2026 | Listed by TTR Sotheby's International Realty | $2,195,000 | |
| Listed by TTR Sotheby's International Realty | |||
| Oct 4, 2025 | Price Decreased |
$2,485,000
↓ $210K
(7.8%) | |
| Price Decreased | |||
| Jun 26, 2025 | Price Decreased |
$2,695,000
↓ $255K
(8.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017