501 DOGGETT LANE
About This Property
Escape to your own private peninsula with this stunning, fully furnished three-level home on the Chesapeake Bay! Whether you're seeking a luxurious personal retreat or a high-performing investment, this property delivers on all fronts-having already generated over $400,000 in Airbnb income since 2019.
Set on a premium lot in a peaceful, rural setting, this home seamlessly blends everyday comfort with exceptional entertainment potential. Recent upgrades include a brand-new HVAC system, a newly constructed dock, an expanded first level, and an enclosed sunroom-now a versatile four-season space perfect for relaxation year-round.
Step inside to discover a bright, open floor plan with soaring ceilings and large windows that flood the home with natural light. The heart of the home-a beautifully upgraded kitchen-boasts brand-new stainless steel appliances and striking countertops, flowing effortlessly into spacious dining and family areas ideal for gathering with loved ones.
Enjoy breathtaking water views from nearly every room, two expansive living rooms, and multiple sun-filled bonus rooms that offer endless possibilities. With 4 bedrooms, 3.5 bathrooms, and over 700 square feet of newly added living space, there's room for everyone to unwind in comfort.
Outside, your private backyard oasis awaits-perfect for entertaining or simply soaking in the stunning waterfront scenery. Take a dip, relax in the ultrasonic sauna (which conveys!), or host cozy evenings around the large fire pit. The finished basement features a recreation room and a two-car garage for added convenience.
This well-maintained home comes fully furnished, including tasteful decor, and is truly move-in ready. A guest book filled with glowing 5-star reviews speaks to the unforgettable memories made here by repeat guests.
Location is just as impressive. You're just 20 minutes from charming Kilmarnock, where you'll find coastal boutiques, art galleries, fine dining, and the Compass Entertainment Complex with go-karts, movies, mini-golf, and more. Outdoor lovers will appreciate nearby Belle Isle State Park, offering 7 miles of shoreline, hiking and biking trails, birdwatching, and kayak rentals. Plus, a 25-mile fitness trail is underway to connect White Stone, Kilmarnock, and Irvington.
With 5 feet of water depth to accommodate even larger boats and a strong rental history across Airbnb, VRBO, and Facebook, this rare waterfront gem offers an unbeatable opportunity. Whether you're looking to invest, relax, or both-this home is ready to welcome you.
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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 22, 2025 | Sold | ||
| Sold | |||
| Aug 19, 2025 | In contract | - | |
| In contract | |||
| Jul 27, 2025 | Price Decreased |
$999,000
↓ $50K
(4.8%) | |
| Price Decreased | |||
| Jul 17, 2025 | Price Decreased |
$1,049,000
↓ $51K
(4.6%) | |
| Price Decreased | |||
| May 1, 2025 | Price Decreased |
$1,100,000
↓ $50K
(4.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017