38
Map
722 Lake Drive
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%.
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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 |
|---|---|---|---|
| May 20, 2026 | Sold | ||
| Sold | |||
| Apr 19, 2026 | In contract | - | |
| In contract | |||
| Apr 17, 2026 | Listed by The Washington Agency | $1,200,000 | |
| Listed by The Washington Agency | |||
| Sep 20, 2025 | Price Decreased |
$1,270,000
↓ $25K
(1.9%) | |
| Price Decreased | |||
| Jun 24, 2025 | Listed | $1,295,000 | |
| Listed | |||
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Welcome to lake living at its finest! Built in 2014 and first time on the market. Impeccably maintained, this stunning three bedroom, 3 bath home on Highland Lake, Winchester offers the perfect blend of comfort, style, and breathtaking VIEWS! From the moment you enter you will be captivated by the open-concept design, high-end finishes and panoramic lake views from both inside and out. Enjoy effortless indoor-outdoor living with a walkout lower level leading to a covered patio, hot tub and your own private dock-already in place and ready for summer fun. The two-car attached garage, basement storage and workshop, location off main road and numerous upgrades add convenience and value. Whether you're watching the sunrise or sunset, relaxing by the water, or entertaining friends and family, this home offers year-round vacation vibes and in immaculate condition. A rare opportunity on one of Connecticut's most desirable lakes-don't miss it!
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Property Highlights
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About Litchfield
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,475 /mo
- 2 Beds
- 1 Bath
- 900 ft²
$2,500 /mo
- 3 Beds
- 2 Baths
- 1,572 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017