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3748 Landmark Drive
About This Property
Situated on deep water (approximately 12+ feet at the future dock site), this lot is ideal for boaters and water lovers seeking quick lake access. A massive, custom-built seawall of natural boulders lines the shoreline for lasting durability and aesthetic appeal, complemented by 13 hand-laid granite steps leading directly to the water.
Enjoy the added value of a "she shed" on site-perfect for storage, a studio, or lake gear. Structures like this are nearly impossible to find on Lake Norman!
Don't miss this chance to build your lakefront retreat in one of Lake Norman's hottest growing areas.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 7, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 6, 2026 | In contract | - | |
| In contract | |||
| Jul 16, 2026 | Price Decreased |
$220,000
↓ $14K
(6%) | |
| Price Decreased | |||
| Jul 11, 2026 | Price Decreased |
$234,000
↓ $15K
(5.8%) | |
| Price Decreased | |||
| Jun 24, 2026 | Price Decreased |
$248,500
↓ $21K
(7.9%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017