244 Lakeside Trail
About This Property
The upper level has been tastefully updated, while the expansive layout provides the kind of open, flexible space that makes entertaining feel effortless.
A Lake Association community includes - fishing, kayaking, and long afternoons on the water. The community itself carries a quiet neighborhood charm that's hard to find and harder to leave.
When you're ready to venture out, the North Shore's best shopping, dining, parks, and wineries are just a short drive away - close enough for convenience, far enough to feel like a retreat.
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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 |
|---|---|---|---|
| Jul 16, 2026 | In contract | - | |
| In contract | |||
| May 30, 2026 | Listed by Douglas Elliman Real Estate | $499,990 | |
| Listed by Douglas Elliman Real Estate | |||
| May 11, 2026 | No longer available | - | |
| No longer available | |||
| May 6, 2026 | Price Decreased |
$535,000
↓ $53K
(9%) | |
| Price Decreased | |||
| Apr 17, 2026 | Price Decreased |
$587,700
↓ $62K
(9.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017