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355 Lakeside Road
About This Property
Design and build your own private dock, creating effortless access to boating, Jet Skiing, kayaking, paddleboarding, fishing, swimming, and endless days enjoying life on the water. Whether you're entertaining lakeside, watching boats cruise by, or simply unwinding as the sun sets over the horizon, this property offers the perfect backdrop for making lifelong memories. During the winter months, enjoy the seasonal charm of ice skating, ice fishing, and the peaceful beauty of a snow-covered lake.
Conveniently located just minutes from Newburgh's waterfront, shopping, dining, Stewart International Airport, I-84, the New York State Thruway, and approximately one hour from New York City, this property offers the ideal balance of waterfront serenity and everyday convenience.
As an added bonus, the current owner has previously approved town plans for a three-bedroom, three-bath residence. Whether you're searching for a year-round home or a luxurious weekend retreat, this is a rare opportunity to create your own piece of Orange Lake waterfront.
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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 |
|---|---|---|---|
| Oct 6, 2026 | In contract | - | |
| In contract | |||
| Jul 20, 2026 | Listed by Tactical Realty LLC | $449,000 | |
| Listed by Tactical Realty LLC | |||
| Nov 17, 2008 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017