27592 W Shore Road
About This Property
A wall of glass floods the main living area with natural light and frames the views of the trees and lake. A bold fireplace grounds the space, while the large deck extends your living area outdoors. The kitchen, dining, and living all flow together effortlessly, creating an easy, comfortable space to relax and feel at home.
Upstairs is your own private lofted primary suite. Downstairs, you'll find three additional bedrooms and access to an expansive lower deck and private spa area, complete with a firepit to keep things cozy. Ideally located in coveted North Bay, just a short walk to the lake's edge and first tier from the lake, this property offers the perfect combination of privacy and proximity. With near level entry, a two-car garage, and a location just minutes from the lake, village, and Blue Jay, The Great Escape checks all the boxes.
Whether you're looking for a successful short-term rental, a weekend getaway, or a place to call home full-time, this property has it all and is a very successful Airbnb.
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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 |
|---|---|---|---|
| Dec 23, 2025 | Sold | ||
| Sold | |||
| Dec 12, 2025 | In contract | - | |
| In contract | |||
| Oct 23, 2025 | Price Decreased |
$1,995,000
↓ $405K
(16.9%) | |
| Price Decreased | |||
| Jul 25, 2025 | Listed by KELLER WILLIAMS LAKE ARROWHEAD | $2,400,000 | |
| Listed by KELLER WILLIAMS LAKE ARROWHEAD | |||
| Oct 15, 2023 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017