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3040 Starboard Drive
About This Property
The property also offers separate additional living quarters with 1 bedroom and a half bath, providing flexible space for guests, extended family, a home office, or hobby space. Outside, mature trees provide plenty of shade and add to the peaceful setting. A tree house complete with electricity brings an extra touch of family fun, while an additional storage shed provides convenient space for tools, lake gear, and more.
One of the standout features is the large covered garage, offering plenty of room for vehicles, RV parking, boat storage, or recreational equipment. With its generous size and versatility, it may also offer the potential to be converted into a workshop to fit the new owner's needs.
Low HOA fees provide access to great community amenities, including a members-only boat dock, boat launch, swimming pool, RV dump station, trash service, and restrooms conveniently located near the pool and boat launch.
Whether you're looking for a full-time home, weekend lake getaway, or a place where family and friends can gather, this five-lot corner property offers space, character, and plenty of possibilities. Come enjoy cozy cabin living and everything the lake lifestyle has to offer!
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Cap Rate Calculator
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 23, 2026 | In contract | - | |
| In contract | |||
| Sep 3, 2026 | Listed by Coldwell Banker Apex, REALTORS | $155,000 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
| Jun 18, 2026 | No longer available | - | |
| No longer available | |||
| Jun 8, 2026 | Price Decreased |
$159,999
↓ $10K
(5.8%) | |
| Price Decreased | |||
| Mar 21, 2026 | Price Decreased |
$169,900
↓ $9K
(5.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017