An exceptional waterfront home set on 1.32 private acres, offering
4,460 sq ft of refined lakefront living with 10 rooms, 3 bedrooms,
and 3 baths-a rare blend of luxury, privacy, and year-round
recreation. Perfectly positioned on the water, this stunning
property delivers an unmatched four-season lifestyle, complete with
a private dock for boating, swimming, and fishing in the summer,
and skating and snowmobiling directly from your shoreline in the
winter. The spectacular 22x28 primary suite is a true
retreat, featuring soaring ceilings, a luxurious new bath, walk-in
closet, and private deck. Inside, a custom chef's kitchen
with a large island, Sub-Zero refrigerator, and built-in indoor
grill anchors the main living space, complemented by a dramatic
great room with soaring ceilings, a fireplace, and expansive lake
views. A bright four-season sunroom extends the living area, while
the lower level features a built-in bar ideal for
entertaining-creating a seamless balance of comfort, elegance, and
true waterfront living. Additional highlights include a
generator, a 21 ft walk-in cedar closet, 2-car garage, additional
detached 2 car garage (each with its own 200amp service for EV car
charging or operation of equipment) and lush gardens. This is a
rare waterfront opportunity where year-round lake living, privacy,
and luxury come together in one exceptional property.
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Cap Rate Calculator
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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.
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