407 LAKESHORE Drive
About This Property
Welcome to 407 Lakeshore Dr in Starke! This charming 4-bedroom, 2.5-bath home offers 1,995 sq ft of living space on 1.05 acres. Enjoy an in-ground pool, fully paid-off solar panels, and a spacious backyard with fruit trees, a thriving garden, and two large powered sheds. Inside, you'll find bright, open living areas and a modern kitchen. Located in the peaceful Lakewood community, where residents enjoy exclusive access to the lake and a private boat ramp just steps away at the end of the cul-de-sac. Sellers are highly motivated and have just made a significant price adjustment to help get this home sold. All just minutes from town conveniences.
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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 |
|---|---|---|---|
| Jun 12, 2026 | Sold | ||
| Sold | |||
| Apr 10, 2026 | In contract | - | |
| In contract | |||
| Mar 23, 2026 | Price Increased |
$360,000
↑ $5K
(1.4%) | |
| Price Increased | |||
| Mar 23, 2026 | Relisted | $355,000 | |
| Relisted | |||
| Jan 27, 2026 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017