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3828 Pine Lake Dr
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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 18, 2026 | Price Decreased |
$4,950,000
↓ $445K
(8.3%) | |
| Price Decreased | |||
| Aug 12, 2026 | Listed by Joseph Bograd Real Estate | $5,395,000 | |
| Listed by Joseph Bograd Real Estate | |||
| Oct 25, 2025 | Listed | $5,500,000 | |
| Listed | |||
| | |||
|
Welcome to the blend of privacy, elegance, and tranquility in this breathtaking 7BD/6FB/1HB fully updated estate located in a man-gated community. This home features a custom office, movie theater, full bar, gym with sauna, and a game/billiard room. The brand new spacious chef’s kitchen is equipped with many premium appliances. Elegant marble floors, soaring ceilings, and dramatic architectural details highlight the home’s custom design, complemented by state-of-the-art lighting and security systems. The outdoor area is an entertainer’s dream with lush landscaping, a resort-style pool, and a relaxing spa. Located in Weston—renowned for its A+ schools, award-winning parks, and trails. A luxury estate offering privacy, comfort, and sophistication!
| |||
| Aug 25, 2025 | Price Decreased |
$5,900,000
↓ $600K
(9.2%) | |
| Price Decreased | |||
| Jun 12, 2025 | Price Decreased |
$6,500,000
↓ $200K
(3%) | |
| Price Decreased | |||
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About Windmill Lake Estates
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Currently no similar homes aroundNearby Rentals
$7,200 /mo
- 4 Beds
- 3 Baths
- 2,777 ft²
$8,300 /mo
- 5 Beds
- 3 Baths
- 2,619 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017