229 Lakeside Drive
About This Property
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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 4, 2026 | Listed by Weatheread Johnson Realty LLC | $1,790,000 | |
| Listed by Weatheread Johnson Realty LLC | |||
| Nov 3, 2025 | Sold | ||
| Sold | |||
| Oct 17, 2025 | In contract | - | |
| In contract | |||
| Oct 14, 2025 | Price Decreased |
$1,790,000
↓ $170K
(8.7%) | |
| Price Decreased | |||
| Jun 12, 2025 | Listed by Ebby Halliday Realtors | $1,960,000 | |
| Listed by Ebby Halliday Realtors | |||
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Experience luxury lakefront living in this stunning custom home, surrounded by 364 feet of waterfront on a protected, deep water cove with open water views. Situated on nearly an acre in highly sought-after gated community. Inside the 3928 residence you'll find four spacious bedrooms plus office on the main level, along with a versatile bonus room or fifth bedroom upstairs featuring a wet bar—ideal for a game room or bunkroom. Three of the bedrooms offer water views, while two enjoy private ensuite baths. The expansive primary suite features a cozy sitting area and a luxurious bath with soaking tub, walk-in shower, double vanity, and walk-in closet. Designed for entertaining, the home includes a formal dining room along with a breakfast nook off the gourmet kitchen. The kitchen is beautifully appointed with granite countertops, island, bar seating, walk-in pantry, built-in oven and microwave, cooktop, and new refrigerator and dishwasher installed in 2023. The large living room impresses with wood-beamed ceilings, a gas fireplace, real wood floors, crown molding, and plantation shutters throughout. Step outside to a spacious covered patio equipped with a TV, wet bar, and outdoor kitchen with grill, overlooking manicured landscaping and a flagstone fire pit at the water's edge. The private boathouse offers two full boat slips, a personal watercraft slip, electric boat lift, an automatic cover, and a covered sitting area. The home faces south on the cove with unforgettable sunset views across natural, undeveloped shoreline. Additional features include an oversized 3 car garage, ample driveway parking, a new roof (end of 2023) qualifying for insurance discounts, and landscape and walkway lighting that make the home shine day and night. With three HVAC units and 4 zones, comfort is easily tailored for a full house or enjoying a quiet weekend. Three water heaters have been replaced since 2022.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017