40 Lakeshore Drive
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 |
|---|---|---|---|
| Jun 10, 2025 | Sold | ||
| Sold | |||
| May 7, 2025 | In contract | - | |
| In contract | |||
| May 1, 2025 | Listed | $584,000 | |
| Listed | |||
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Charming one level living bungalow-style home in desirable Georgetown! This 3 bedroom, 2 Full bath gem offers warmth and character throughout, featuring hardwood floors, an inviting fireplace with pellet stove insert, and a beautifully updated kitchen. Enter through the mudroom from the attached 2-car garage, perfect for New England seasons. Two separate driveways allow for ample parking, ideal for guests, boats, or recreational vehicles. The walk-out basement with large windows is ready for your finishing touches, offering great expansion potential. Set on an oversized lot, the home boasts a lovely patio for outdoor entertaining, a handy storage shed, and plenty of space to garden or play. Enjoy association rights to Rock Pond for boating and fishing, adding year-round recreation just moments from your doorstep. Many updates have been made, blending comfort with peace of mind. Located close to town amenities, this home is a perfect blend of convenience and charm!
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| Sep 4, 2018 | Sold | ||
| Sold | |||
| Jul 12, 2018 | Listed by Pat Bennett Realty | $439,900 | |
| Listed by Pat Bennett Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017