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5 Turtle Lane
About This Property
Situated on one of the North Shore's most spectacular sites, this extraordinary 4.6-acre property is surrounded on two sides by breathtaking water vistas-including 175 feet of unobstructed frontage on Cold Spring Harbor and a peaceful freshwater pond. Reached by a private road and a 150-foot bluestone driveway, the residence is nestled within beautifully landscaped grounds that offer exceptional privacy and serenity. This fabulous, ranch-style home features 4 bedrooms, 3.5 baths, offers soaring ceilings, and refined architectural details throughout. The formal dining room is anchored by a charming fireplace with Delft tile surround, contributing warmth and character to the home's timeless appeal. Expansive brick patios invite seamless indoor-outdoor living, and a 3-car garage adds convenience. Enjoy panoramic western water views, glowing sunsets, and your own deeded beach-an unparalleled opportunity to experience the very best of waterfront living. Cold Spring Harbor SD#2. Lloyd Harbor Village Park, Beach, Tennis & Mooring (Dues Required).
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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 |
|---|---|---|---|
| Sep 26, 2025 | Sold | ||
| Sold | |||
| Jul 26, 2025 | In contract | - | |
| In contract | |||
| Jul 8, 2025 | Listed by Daniel Gale Sothebys Intl Rlty | $3,895,000 | |
| Listed by Daniel Gale Sothebys Intl Rlty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017