2730 Clear Lake Drive
About This Property
Step through the arched entry foyer into a soaring great room with cathedral ceiling, dramatic dark wood beams, floor-to-ceiling limestone fireplace, and custom built-ins. A Juliet balcony overlooks the great room from above - a gorgeous architectural touch. The open-concept kitchen stuns with white shaker cabinetry to the ceiling, quartz countertops, farmhouse island with apron-front sink, gas cooktop, stainless appliances, and brick backsplash. The dining area features shiplap ceiling with dark wood beams.
Rich wood floors flow throughout the main living areas, with tile in all baths and laundry, carpet in bedrooms. The primary suite features a tray ceiling, spa bath with dual vanities, soaking tub, oversized walk-in tile shower with bench, and walk-in closet. Three additional first-floor bedrooms - two sharing a jack-and-jill bath with separate vanities. Private office-study, first-floor game room, laundry, and mud room with built-in drop zone right off the garage entrance.
Outside: covered patio with wood-burning outdoor stone fireplace and ceiling fan overlooking the sparkling saltwater pool and raised spa. Beautiful views of a treed yard. Plenty of parking with oversized concrete driveway, 3-car attached garage plus detached brick 2 car garage-workshop with electricity. Complete with a basketball court off the driveway. A small storage building for overflow lawn equipment.
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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 |
|---|---|---|---|
| May 11, 2026 | Sold | ||
| Sold | |||
| Apr 14, 2026 | In contract | - | |
| In contract | |||
| Apr 9, 2026 | Listed by eXp Realty | $900,000 | |
| Listed by eXp Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017