36
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65 Lake Drive
About This Property
Discover an exceptional direct lakefront retreat in the heart of Lake Peekskill. Designed for effortless entertaining and relaxed waterfront living, this charming ranch delivers panoramic lake and mountain views that change beautifully with every season.
Step outside to your private waterfront oasis featuring a spacious dock, gazebo, and tiki hut. Swim, fish, canoe, or kayak right from your own shoreline, or simply unwind with outdoor dining while taking in spectacular sunrises and sunsets. It's an ideal setup for hosting family and friends or enjoying quiet days by the water.
Inside, the home offers remodeled flooring, a cozy fireplace, and stunning lake views from the dining area, creating a warm, inviting atmosphere. Additional highlights include abundant storage and above-ground oil heat for comfortable year-round living.
A rare, one-of-a-kind opportunity to own a true private waterfront escape where every day feels like a vacation.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017