70 Lake Drive
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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.
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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 |
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| Apr 30, 2025 | Sold | ||
| Sold | |||
| Jan 19, 2025 | In contract | - | |
| In contract | |||
| Jan 9, 2025 | Listed by RE/MAX Classic Realty | $794,000 | |
| Listed by RE/MAX Classic Realty | |||
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This stunning waterfront home features 100 ft of direct lake access and two expansive decks offering panoramic views, a must see! The open floor plan of the main living area showcases breathtaking water vistas from the living and dining rooms, highlighted by a wall of windows, a double-sided gas fireplace, and sliders leading to a spacious upper deck that runs the length of the home. The gorgeous eat-in kitchen is a chef’s dream, complete with quartz island/countertops, large farm sink + stainless steel appliances, including double wall ovens. Gleaming hardwood floors flow throughout the main level. The luxurious primary bedroom suite affords serene water views, private deck access, and a beautiful bath with a double sink granite vanity. Two additional bedrooms and a striking hall bath complete the main level. An amazing Legal Accessory Apartment in the bright lower level is perfectly designed for in-laws or guests, offering a full kitchen, bedroom, laundry room, and a full bath. This level also provides stunning lake views, sliders to the lower deck, and access to the 12 x 24 above-ground pool. The home features an oversized 2-car attached garage and the convenience of a full-house automatic generator. Ring Door Bell. Outdoor living is elevated with a private dock and thoughtfully designed spaces (including a playset & fire pit seating area) ideal for relaxing or entertaining, all surrounded by meticulous landscaping, stone walkways, steps, and a patio. As part of the Lake Casse Association, annual fee is paid in town taxes, owners enjoy added amenities including a clubhouse, playground and beach area with lifeguard. In addition, a well maintained bike path is just a short walk away. Taxes shown do not reflect the Basic STAR Deduction for eligible homeowners.
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| Sep 1, 2020 | Sold | ||
| Sold | |||
| Jun 18, 2020 | Listed by RE/MAX Classic Realty | $625,000 | |
| Listed by RE/MAX Classic Realty | |||
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Stunning Home w/100 ft of direct Waterfront & TWO Decks w/Views of the Lake! Open floor plan w/incredible Water Views from Living Rm & Dining Rm w/Wall of Windows, Double-sided Gas Fireplace & Sliders out to huge upper Deck. Gorgeous Granite Eat-In Kitchen w/SSTL Appliances (double Wall Ovens). Hardwood Floors throughout. Full House Automatic Generator. Master Suite features Water Views & Sliders to Deck + New Bath w/Double Granite Vanity. Two more Bedrooms & amazing Hall Bath w/Glass Top Vanity on Main Level. Lower Level w/great setup for In-Laws/Guests, complete w/Kitchen, Bedroom, Laundry Rm & another updated Bath! This level also has Lake Views & Sliders - to Lower Deck, overlooking 12 x 24 Above Ground Pool. Private Dock & wonderful Outdoor Living Spaces for Relaxing or Entertaining! Beautifully landscaped property w/ lovely stonework on Walkways, Steps & Patio. Part of the Lake Casse Lake Association. Short walk to Bike Path. Taxes do not reflect Basic STAR Deduction of $1050.40
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017