38306 Windward Cliffs
About This Property
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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 8, 2026 | Price Decreased |
$1,895,000
↓ $355K
(15.8%) | |
| Price Decreased | |||
| Apr 13, 2026 | Listed by Garlock Realty | $2,250,000 | |
| Listed by Garlock Realty | |||
| Aug 12, 2025 | Price Decreased |
$2,250,000
↓ $145K
(6.1%) | |
| Price Decreased | |||
| May 19, 2025 | Listed | $2,395,000 | |
| Listed | |||
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Experience the beauty of River Living in this exceptional custom built home situated on 2.6 acres of manicured grounds, complete with mature trees and serene water views & sunsets. Designed for both relaxation & entertaining , this property offers a combination of elegance, privacy and functionality. The home features 5 bedrooms, 2 baths, first floor master suite , hardwood floors, vaulted ceilings, custom cabinetry, open floor plan, and Marvin windows that bring in natural light & frame breathtaking views of the River. Enjoy the quiet mornings & gorgeous sunsets from the screened in porch or one of the stone patios , perfect for ship viewing & entertaining. Additional highlights include a 2 stall garage with living quarters above it. And for you boaters you will love the incredible boathouse (37x44) with two electric boat hoists, deep water dockage for larger boats. This is truly a rare opportunity to own one if the finest homes in the 1000 Islands, located only 3 miles to the village of Clayton. Call now for details & private showing.
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| May 26, 2000 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017