5 Broadway
About This Property
This 4-bedroom, 2.5-bath home offers over 100 feet of beautiful lake frontage on Lake Luzerne. Inside, the spacious layout features an open kitchen with a dining area and a cozy living room with a fireplace and stunning water views. The main floor primary suite includes a bright sunroom, perfect for enjoying the outdoors in any season. The finished walkout basement provides extra living space, ideal for a game room, family room, or entertainment area. Step outside to enjoy two decks overlooking the lake: perfect for morning coffee, dining al fresco, or relaxing with friends. A quiet path leads directly to the lake shore, where you can swim, launch kayaks, or simply unwind by the water. This property is the perfect year-round home or weekend retreat.
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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 |
|---|---|---|---|
| Nov 20, 2025 | Sold | ||
| Sold | |||
| Oct 13, 2025 | In contract | - | |
| In contract | |||
| Oct 9, 2025 | Listed by KW Platform | $449,900 | |
| Listed by KW Platform | |||
| Nov 28, 2016 | Sold | ||
| Sold | |||
| Mar 24, 2015 | Listed by Coldwell Banker Prime Properties | $399,900 | |
| Listed by Coldwell Banker Prime Properties | |||
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Here is the best lake front buy! Move in ready. Priced well below market value to attract the new buyer in time to enjoy the summer. Private beach front. A Must See Inside Home!!!Quality built year round/vacation home on over 100' of direct waterfront on picturesque Lake Luzerne. Currently drawing great income as seasonal vacation rental.Any season, this home provides an inviting atmosphere with three levels of living space. All rooms are spacious. Lower level, walk out to the patio straight down to the beach. Front deck and upper deck overlooks the lake.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017