68 Stag Forest Road
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 |
|---|---|---|---|
| Dec 24, 2025 | Sold | ||
| Sold | |||
| Oct 22, 2025 | In contract | - | |
| In contract | |||
| Sep 23, 2025 | Listed by Land and Water Realty LLC | $799,000 | |
| Listed by Land and Water Realty LLC | |||
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Your dream lakefront retreat awaits at the very end of a private road in beautiful Forestburgh, NY. This rare and historic property features a stunningly restored cabin with a separate guest house, nestled among the trees with direct access to a serene, private lake. As you pull into the driveway, you’ll immediately feel the magic of this one-of-a-kind home, where vaulted ceilings, outdoor entertaining, and breathtaking lake views welcome you into a space filled with warmth and character. Originally part of the 1939 New York World’s Fair, the cabin showcases an original stone fireplace stamped from that historic event, along with carefully preserved details like original cabinetry and built-ins that add timeless charm. The kitchen has been thoughtfully updated with new countertops while maintaining its vintage appeal, and the bathroom has been fully renovated with modern finishes. The separate guest house offers a cozy stone fireplace and a brand-new bathroom, perfect for hosting friends and family or creating a private studio or rental space. Outside, the property truly shines with an oversized bluestone patio designed for entertaining, and a spectacular one of a kind, custom Teak hot tub to enjoy. The new patio features a full high-end outdoor kitchen, a grand bluestone fireplace, and multiple areas to gather and relax by the lake. Whether you're hosting large events or simply enjoying a peaceful evening in nature, this home delivers both privacy and convenience. The property is a few minutes from Monticello Motorclub, the Forestburgh Playhouse, the Forestburgh General Store, Forage Pizzeria, Resort World Casino, and a 1 1/2 drive to the GWB. With a blend of rich history, stylish comfort, and modern upgrades, this lakefront gem offers an unmatched lifestyle for full-time living, weekend getaways, or investment potential. Don’t miss this amazing opportunity to own one of Forestburgh’s most enchanting homes.
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| Oct 12, 2021 | Sold | ||
| Sold | |||
| Aug 3, 2021 | Listed by Cabins & Canoes Real Estate | $549,500 | |
| Listed by Cabins & Canoes Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017