A rare two-property waterfront offering on Wequaquet Lake. Offered
for the first time in decades, 34 & 35 Shirley Point Road combine
to create an extraordinary approximately one-acre lakefront
estate**, including the residence at 34 Shirley Point Road plus the
adjacent vacant lot at 35 Shirley Point Road. Together, the
properties offer 200'+ of waterfront within a protected cove,
creating a level of privacy, land, and opportunity that is
increasingly difficult to find on Cape Cod.Tucked beneath a mature
canopy and designed to embrace its waterfront setting, the custom
residence was rebuilt from the ground up and offers 3,500+ square
feet across three levels with 4 bedrooms and 3 baths. Soaring
windows capture sweeping lake views and fill the home with natural
light, while the private primary suite features a Jacuzzi soaking
tub and oversized spa-inspired tiled shower. A full walkout lower
level, detached garage, workshop, abundant storage, and private
dock complete the property.With two adjoining parcels,
approximately one acre of land, and 200'+ of Wequaquet Lake
frontage, 34 & 35 Shirley Point Road present a compelling
opportunity to create a true Cape Cod legacy estate - one property
to enjoy today, with additional land offering privacy and
possibilities for the future.
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.
Parking Features: Detached, Garage Door Opener, Paved, Off Street, Paved
Garage Spaces: 2
Open Parking Spaces: 6
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Slider, Bathroom - Full, Bathroom - With Shower Stall, Den, Bathroom
Appliances: Electric Water Heater, Water Heater, Range, Refrigerator, Freezer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, Water Softener, Oven, Vacuum System
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