3518 Lake Lugano Circle
About This Property
At the heart of the home, a cozy gas-log fireplace anchors the open-concept living area, seamlessly flowing into a modern kitchen equipped with quality appliances. Enjoy breathtaking, serene lake views and exceptional waterfront ambiance right from your property. The private first-floor primary suite serves as a relaxing retreat, complemented by three additional bedrooms upstairs and neighborhood perks including an area pool, boat ramp, and scenic lakefront views.
Experience modern comfort and picturesque scenery firsthand. Schedule your showing appointment to tour this exceptional lake-view home today!
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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 |
|---|---|---|---|
| Sep 16, 2026 | Price Decreased |
$515,996
↓ $3K
(0.6%) | |
| Price Decreased | |||
| Aug 7, 2026 | Listed by Keller Williams Memorial | $519,002 | |
| Listed by Keller Williams Memorial | |||
| Aug 4, 2026 | Price Increased |
$519,200
↑ $44K
(9.3%) | |
| Price Increased | |||
| Oct 8, 2024 | Sold | ||
| Sold | |||
| Sep 24, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017