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28744 Palisades Drive
About This Property
Super Clean and Won't last! Best Lakefront Value!
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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 |
|---|---|---|---|
| Oct 31, 2026 | Price Decreased |
$1,689,000
↓ $61K
(3.5%) | |
| Price Decreased | |||
| Sep 6, 2026 | Price Decreased |
$1,750,000
↓ $145K
(7.7%) | |
| Price Decreased | |||
| Jun 6, 2026 | Price Decreased |
$1,895,000
↓ $100K
(5%) | |
| Price Decreased | |||
| Jan 15, 2026 | Listed by ARROWHEAD PREMIER PROPERTIES | $1,995,000 | |
| Listed by ARROWHEAD PREMIER PROPERTIES | |||
| Oct 11, 2025 | Listed | $2,095,000 | |
| Listed | |||
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Just Listed Lakefront Opportunity of the Season! This LEVEL entry lake home is completely remodeled head to toe with Beautiful lake views straight to village. Enjoy the firework show right from your own deck. The photos do not do the views justice and will only get broader as the tress drop leaves. This property is completely set up for turn key occupancy with designer Crate and Barrel furnishings and accents intact. Short term rentals could be an amazing income source right from the start. All the rooms have a view! Light and bright with a great floor plan. There are three bedrooms up with an ensuite primary and an additional guest bath at lower level there is another ensuite bedroom with a spaciously sized family/game room and big screen TV. New trex decking on both levels with new patio furnishings, all new paint, flooring, cabinetry, and new systems! This truly is your opportunity for a turnkey experience! The half double dock is available for additional in deep water and is accessed on easy to walk concrete staircase down to shoreline.
Super Clean and Won't last! Best Lakefront Value on Market in it's range.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017