3121 Lakeside Circle
About This Property
everything that you would want and more in a waterfront home. A large lot .78 ac., lower living level for easy
access to backyard and waterfront area, covered dock and floating swim/fishing dock. The main level features 3
Bedrooms, Primary BR has french doors leading to full deck with great waterfront views, Living Room w/ wood burning fireplace with mantle, ,Kitchen which features refrigerator, dishwasher, gas cooktop, tile backsplash, undermount
lighting above gas cooktop, 2 full baths, Primary Bath features tile surround shower, Jacuzzi tub.
2" blinds throughout. Rinnai tankless water heater.
The Lower Level is connected to Main Level by stairs leading from the kitchen. Lower Level includes a full
kitchen with a stainless steel dishwasher (new), refrigerator, glass top electric range (new), double sink, cabinets, Den,
Multi Purpose flex room with closet, and laundry room with washer and dryer included. This area is perfect for
entertaining, coming in after being on the water, accommodating friends and guests - so many options for this area!
There is also a connecting door which leads to den, 1 full bath and walk-in closet.
Other outside features are a circular driveway, wrap around porch, full covered back porch, gas grill connection
, and large patio on lower level. The covered dock area is great for waterfront dining, plus there is a floating
swim/fishing dock with cleats for tying up your boat, jetski, kayak or paddleboard. Deck boards (dock) are composite.
This property includes an outside structure and is approximately 2100 square feet which has so many possibilities:
storage, covered parking for cars and boats, workshop, exercise area, arts and crafts and many more possibilities!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 22, 2026 | Listed by Helen Adams Realty | $1,025,000 | |
| Listed by Helen Adams Realty | |||
| Jun 20, 2007 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017