27843 Peninsula Drive N
About This Property
Perfectly positioned dock (PH2) sits on the second-to-last slip, allowing for easy boat maneuvering. And yes-it includes a practically new pontoon boat, making spontaneous lake days and sunset cruises effortless.
This fully remodeled home is framed by a level-entry driveway, mature apple and cherry trees, and manicured gardens. The oversized two-car garage offers ample space for vehicles and a golf cart, which comes in handy for cruising the private streets of this exclusive enclave.
Inside, you'll find soaring vaulted A-frame ceilings, hardwood flooring, and a grand stone fireplace beneath a wrought iron chandelier. The open-concept living and dining rooms flow seamlessly onto an expansive private deck-perfect for entertaining or relaxing under the stars.
The gourmet kitchen is outfitted with Taj Mahal quartzite countertops, designer mirrored backsplash, a sleek black statement sink, and high-end luxury appliances. An adjacent breakfast nook and secondary lounge with a bold wet bar round out the main floor's entertaining spaces.
Upstairs, the primary suite offers peek-a-boo lake views, dual vanities, custom cabinetry, and exotic designer tile. Two large guest bedrooms accommodate king beds, and a well-appointed guest bath features double sinks and sophisticated marble detailing. A spacious walk-in hallway closet could easily convert to a fourth bedroom or office.
Downstairs, discover a hidden gem: a private speakeasy-style wine cellar and game room not included in the listed square footage. With naturally cooled storage, space for entertaining (currently with a pool table), and a full bathroom, it's the perfect hideaway for guests or evening retreats.
Major upgrades include a brand-new slate roof (a significant investment in durability and style), whole-house generator, new HVAC, new water filtration system, premium flooring, new appliances, updated lighting, and fresh paint inside and out. Nearly everything has been redone, and all furnishings are available.
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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 |
|---|---|---|---|
| Sep 19, 2025 | Sold | ||
| Sold | |||
| Aug 31, 2025 | In contract | - | |
| In contract | |||
| Aug 29, 2025 | Price Decreased |
$1,780,000
↓ $205K
(10.3%) | |
| Price Decreased | |||
| Jul 28, 2025 | Price Decreased |
$1,985,000
↓ $165K
(7.7%) | |
| Price Decreased | |||
| Jul 21, 2025 | Listed by COLDWELL BANKER SKY RIDGE REALTY | $2,150,000 | |
| Listed by COLDWELL BANKER SKY RIDGE REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017