3111 LAKESHORE DRIVE
About This Property
Adding to the appeal is a massive workshop seamlessly attached to the home, ideal for boat maintenance, hobbies, storage, or creating the ultimate lakeside workspace-something rarely found in waterfront homes.
Inside, the well-maintained 3-bedroom, 3-bath residence offers effortless lakefront living. The open floor plan creates a bright, welcoming connection between the living and dining areas, enhanced by elegant crown molding and classic French doors that fill the home with natural light. A cozy den with a wood-burning fireplace provides the perfect retreat for quiet evenings or a comfortable home office.
The primary suite is a private sanctuary featuring an ensuite bath with dual granite vanities, an oversized shower, and a soaking tub. French doors open to a serene, garden-style bathing experience, while thoughtful conveniences include laundry areas in both the garage and the primary bedroom.
Outside, enjoy a fully fenced yard shaded by mature oak trees-ideal for entertaining, relaxing, or simply enjoying the peaceful waterfront setting. Additional highlights include a large garage, a new roof installed in October 2025, and an integrated smoke and carbon monoxide detection system.
This is more than a home-it's a rare lakefront lifestyle on Lake Dora, perfectly positioned on the Harris Chain of Lakes and designed for those who love life on the water.
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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%.
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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.
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About Lake Dora Harbour
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017