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390 LAKESIDE Road
About This Property
Step inside to soaring ceilings and an open-concept layout that invites natural light from every angle. The kitchen is equipped with granite countertops, a breakfast island, and stainless steel appliances, all flowing seamlessly into a bright dining room framed by transom windows. Sliding doors open to a generous deck that overlooks your private, park-like yard-ideal for gatherings or peaceful evenings outdoors.
The living room offers a cozy retreat with its gas fireplace and welcoming feel. Upstairs, the primary suite features elegant tray ceilings, a walk-in closet, and an en suite bath with a long vanity and ample storage. Two additional spacious bedrooms and another full bath complete the main level.
Downstairs, the finished lower level adds flexibility with a fourth bedroom, a third full bath, and a large family room with walk-out access to the paver patio & backyard-perfect for guests, multi-generational living, or simply spreading out. A dedicated laundry room and an oversized two-car garage provide plenty of space for storage and daily life.
Located just minutes from shopping, restaurants, and major commuter routes like I-84, the New York State Thruway, and the Newburgh-Beacon Bridge, this home is a rare gem in one of Newburgh's most desirable neighborhoods.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017