60 Wakefield Ave Webster Lake
About This Property
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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 |
|---|---|---|---|
| Sep 29, 2026 | Listed by Hope Real Estate Group, Inc. | $750,000 | |
| Listed by Hope Real Estate Group, Inc. | |||
| Aug 16, 2026 | Listed by Hope Real Estate Group, Inc. | $525,000 | |
| Listed by Hope Real Estate Group, Inc. | |||
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RARE WEBSTER LAKE DEVELOPMENT OPPORTUNITY ~ Two (2) Strategic Building Lots with Direct Waterfront Ownership. Discover an unmatched real estate package combining the financial benefits of off-water property taxes with the luxury of premium, direct Webster Lake access. This rare offer features two cleared, build-ready contiguous lots paired with a commanding 2/3 fractional ownership interest in a prime waterfront parcel (Lot 4), complete with a private beach and boat dock. Building Lot 1 (Parcel I): 8,097 SF Building Lot 2 (Parcel II): 8,080 SF Total Combined Land Area: 16,177 SF (0.38 acres) boasting a substantial 241 feet of road frontage on Wakefield. Save time and development costs with available town water and town sewer at the street. Walk literally steps from your front door to waterfront Lot 4, a 1,272 SF direct waterfront lot featuring 61.81 feet of pristine lake frontage. Enjoy a private sandy beach and an established boat dock for seamless days on the water. Nestled in a highly desirable neighborhood, this property seamlessly blends recreation with effortless commuting. It is situated just minutes from I-395, offering quick access to shopping, dining, and regional amenities. So, why pay premium waterfront taxes when you can enjoy the exact same lifestyle for less? Building on these parcels grants you full, unrestricted access to the prestigious lake lifestyle while capitalizing on the significantly lower taxes of off-water lots.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017