653 Lakeview Drive N
About This Property
The log cabin sits well back in the trees, and a stream runs through the property. In the kitchen, fully custom red oak cabinetry with maple drawers is paired with granite countertops, and there is generous storage throughout. The window units convey and serve as backup cooling. Propane is supplied through a leased North State Gas tank.
Outside, the property is set up for practical use. There are two storage sheds, one with electrical service and one without. There is also a chicken coop and a two-car carport for covered parking. The outbuildings give you room for equipment, tools, and workshop projects without giving up space in the cabin.
With 10 acres across two parcels, a stream on site, and public game land next door, 653 Lakeview Drive N offers a level of privacy and space that is hard to find this close to town and the lake.
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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 |
|---|---|---|---|
| Oct 16, 2026 | Listed by Keller Williams Biltmore Village | $550,000 | |
| Listed by Keller Williams Biltmore Village | |||
| Sep 1, 2026 | No longer available | - | |
| No longer available | |||
| Mar 3, 2026 | Relisted | $599,000 | |
| Relisted | |||
| Mar 1, 2026 | No longer available | - | |
| No longer available | |||
| Nov 10, 2025 | Price Decreased |
$675,000
↓ $124K
(15.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017