28
Map
2408 Shadow Lake
About This Property
Listed By
Payment Calculator (Computations Provided by RealtyHop)
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Jun 29, 2026 | Listed by StoneCrest Properties, LLC2 | $239,900 | |
| Listed by StoneCrest Properties, LLC2 | |||
| Nov 3, 2021 | No longer available | - | |
| No longer available | |||
| Jul 1, 2021 | Price Decreased |
$259,000
↓ $20K
(7.2%) | |
| Price Decreased | |||
| Mar 22, 2021 | Listed by StoneCrest Properties, LLC2 | $279,000 | |
| Listed by StoneCrest Properties, LLC2 | |||
| | |||
|
This adorable cottage and the several adjacent lots to within steps of Shadow Lake are being sold as one parcel. The 1.5-acre property has owner-privileged lake access at a right-of-way just beyond the property line. The second floor offers a 2nd bedroom with 1/2 bath. A small, balcony-deck off the sunroom beckons to moments of peaceful reflection. A larger deck opens onto the quiet side yard with fire pit and gardens among rock walls, softwoods, maples and white birches. The open field by the cottage and the shade woods nearer the sunny waterfront present ample potential for outdoor fun. One might imagine afternoons on the lake and evenings around a fire pit serenaded by loons. Most of the trees in the lake view are owned by this property, so a nice lake view falls largely within the property owner’s discretion. This property abuts the seldom used Association “playground,” substantially expanding the space for outdoor activities. The sellers are ready to pass along their dreams for this special property to a new generation of enthusiastic visionaries. The manager has listed the unit size as 1146 square feet.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017