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234 N Lagoon Road
About This Property
Inside, you'll find gorgeous oak flooring throughout, shiplap accents, and an open-concept design that's perfect for both everyday living and entertaining. The stunning custom kitchen features beautiful fireclay tile backsplash, floating shelves, an electric cooktop with a gas oven, pot filler, walk-in pantry, and abundant storage. A cozy gas fireplace anchors the main living space, while indoor/outdoor speakers create the perfect atmosphere throughout the home.
Thoughtful details make daily livin effortless, including a laundry chute and a dumbwaiter for added convenience.
Step outside to multiple fiberglass decks overlooking the water, offering plenty of space to relax and enjoy the coastal breeze. The backyard is a private resort featuring an inground pool surrounded by premium IPE decking, expansive travertine tile, and a custom bar with seating for 10--ideal for hosting family and friends.
Boaters will appreciate the floating Jet Ski dock, as well as water and electric service at the dock. A separate storage room keeps pool equipment neatly organized.
The exterior is designed for beauty and low maintenance, featuring custom factory-painted Hardie Board siding, Azek trim, vinyl railings, and a durable metal roof. A spacious driveway accommodates up to 10 vehicles, making parking easy for guests.
This remarkable Normandy Shores waterfront property offers the perfect blend of luxury finishes, exceptional outdoor living, and a true maintenance-free lifestyle for full time enjoyment or seasonal getaways.
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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 |
|---|---|---|---|
| Oct 14, 2026 | Sold | ||
| Sold | |||
| Aug 25, 2026 | In contract | - | |
| In contract | |||
| Aug 6, 2026 | Listed by RE/MAX Revolution | $2,650,000 | |
| Listed by RE/MAX Revolution | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017