4208 Shore Front Drive
About This Property
The interior is a clean slate to create a new masterpiece as the owners gutted a few years back and decided not to recreate but to sell to the next artist to put it back in its Glory Days. The song verse 'the sun poured in like butterscotch and stuck to all your senses' is a feeling that the owners and architect designed. What this 5,000 sqft, 4 bedrooms (more can be added), 4 bath, rolling 2.1 acres will be is only up to the new Buyer's creativity!. EML's premiere builder has spent time at the home and is excited to share his ideas. Imagine a walkout with pool, tennis, or pickleball courts, making this one of the most desirable homes on the whole of Eagle Mountain Lake. The street is tranquil, and hiking is recommended to experience a lake lifestyle. Take an 'As Is' and create a 'New Lake Front Estate IS'.
Some would call it 'As Sweet as Tupelo Honey'. Come Explore For Additional Benefits Hidden In Plain Sight.
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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 7, 2026 | Sold | ||
| Sold | |||
| Jul 21, 2026 | In contract | - | |
| In contract | |||
| May 19, 2025 | Listed by Helen Painter Group, REALTORS | $1,495,000 | |
| Listed by Helen Painter Group, REALTORS | |||
| Apr 26, 2020 | No longer available | - | |
| No longer available | |||
| Sep 28, 2019 | Price Decreased |
$1,375,000
↓ $100K
(6.8%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017