652 Swains Lake Drive
About This Property
The main level features a stunning cathedral ceiling finished in reclaimed barn wood, creating a warm and inviting atmosphere. The new kitchen is beautifully appointed with granite countertops, a full appliance package, and quality cabinetry. Solid oak six-panel doors, a custom entertainment center, and thoughtful finishes throughout elevate the home's interior.
Built with durability in mind, the home offers 2x6 construction, a steel roof, new plumbing, 200-amp electrical service, an on-demand water heater, and a new furnace--providing peace of mind for years to come.
Outdoor living shines with a 12x35 covered porch and large patio overlooking the lake, perfect for relaxing or entertaining. Updated landscaping enhances the property's curb appeal, while the included dock and firepit make lakefront enjoyment effortless. A welcoming front porch and concrete driveway complete the exterior.
A rare opportunity to own a beautifully crafted, turnkey lake home with modern updates and rustic charm in every detail. Sale includes parcel # 061-16-03-301-051-00 (a small sliver of land to the south of the property that included part of the paved driveway.
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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%.
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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 |
|---|---|---|---|
| Nov 3, 2026 | Listed by Heart for Homes, LLC | $445,000 | |
| Listed by Heart for Homes, LLC | |||
| Aug 12, 2026 | Delisted | - | |
| Delisted | |||
| Jul 13, 2026 | In contract | - | |
| In contract | |||
| Jul 4, 2026 | Listed by Heart for Homes, LLC | $435,000 | |
| Listed by Heart for Homes, LLC | |||
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Custom-built lake home on the shores of Swain's Lake, completely rebuilt from the ground up in 2022 with exceptional craftsmanship and attention to detail. This 3-bed, 2-bath retreat with a finished loft offers modern comfort wrapped in timeless character.
The main level features a stunning cathedral ceiling finished in reclaimed barn wood, creating a warm and inviting atmosphere. The new kitchen is beautifully appointed with granite countertops, a full appliance package, and quality cabinetry. Solid oak six-panel doors, a custom entertainment center, and thoughtful finishes throughout elevate the home's interior.
Built with durability in mind, the home offers 2x6 construction, a steel roof, new plumbing, 200-amp electrical service, an on-demand water heater, and a new furnace--providing peace of mind for years to come.
Outdoor living shines with a 12x35 covered porch and large patio overlooking the lake, perfect for relaxing or entertaining. Updated landscaping enhances the property's curb appeal, while the included dock and firepit make lakefront enjoyment effortless. A welcoming front porch and concrete driveway complete the exterior.
A rare opportunity to own a beautifully crafted, turnkey lake home with modern updates and rustic charm in every detail.
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| Sep 12, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017