61 Montrose Drive
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 |
|---|---|---|---|
| Mar 23, 2026 | Sold | ||
| Sold | |||
| Dec 27, 2025 | In contract | - | |
| In contract | |||
| Nov 26, 2025 | In contract | - | |
| In contract | |||
| Nov 10, 2025 | Listed by William Raveis Real Estate | $475,000 | |
| Listed by William Raveis Real Estate | |||
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Charming Lake Carmel Home on Double Corner Lot With Lake Views & Community Beach Access
Welcome to this lovely Lake Carmel home that lives as a 3-bedroom, offering 2 tastefully updated bathrooms and more. Nestled on a double corner lot. This home blends comfort, charm, and convenience—inside and out.
As you arrive, choose between two driveways, 1 with a detached 2-car garage and step into a fully fenced yard, ideal for families and pets. A spacious covered front porch invites you to unwind—perfect for entertaining or enjoying your morning coffee in a rocking chair.
Enter through the kitchen, which opens seamlessly into the dining and living room areas, creating a warm and inviting flow. To the left, you’ll find a practical mudroom with a full bathroom and access to the backyard.
Upstairs features a primary bedroom that boasts its own ensuite bathroom and a private balcony overlooking Lake Carmel, where you can take in breathtaking sunsets every evening.
This community is truly family-friendly, complete with full access to five private lake beaches. Enjoy fishing, rowing, paddle boarding, and swimming all summer long—and when winter arrives, experience peaceful ice fishing on the frozen lake.
Conveniently located just minutes from shops, schools, parks, restaurants, and major highways including I-84, I-684, and the Taconic Parkway, this home offers the best of lakeside living with commuter-friendly access.
This one won’t last—schedule your viewing today!
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| Aug 9, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017