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395 Rendleman Drive
About This Property
Inside, the open floor plan features hardwood and tile flooring and is designed to capture natural light and showcase breathtaking, floor-to-ceiling lake views. The kitchen has been enhanced with granite countertops, LVP flooring, under-cabinet lighting, and upgraded appliances, making it both stylish and functional. Spacious bedrooms, including a newly added primary walk-in closet, add comfort to the home's inviting layout.
Recent improvements include upgraded 200-amp electrical service, a new well pump, and a concrete sidewalk leading to the pier with newly built steps for easy access. Enjoy your private floating dock and pier, complete with a jet ski dock, and kayak holder, plus a spacious sunbathing area.
Relax by the cozy firepit or sit on the multi-level rear deck and take in the amazing sunrise and sunset views. A gated circular drive, 1-car attached garage, and newly added 2-car carport provide ample parking and convenience. Whether you're looking for a vacation getaway or a full-time retreat, this property offers the perfect setting for lakefront living.
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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 19, 2026 | Price Decreased |
$724,500
↓ $10K
(1.4%) | |
| Price Decreased | |||
| Jun 9, 2026 | Price Decreased |
$734,500
↓ $15K
(1.9%) | |
| Price Decreased | |||
| Apr 21, 2026 | Listed by TMR Realty, Inc. | $749,000 | |
| Listed by TMR Realty, Inc. | |||
| Sep 30, 2020 | Sold | ||
| Sold | |||
| Nov 15, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017