67
Map
8 Read Drive
About This Property
2 bedroom and den SOLD FULLY FURNISHED! Look at the view from the Deeded BEACH. NO Association FEES!
Charming cottage with deeded beach and Lake Luzerne rights! Just a short walk down to the beach! When you are relaxing on the beach there is a family of bald eagles to your left and across the lake you may hear music coming from The Lake Luzerne Music Camp! This beautifully renovated cottage maintains its Adirondack charm while featuring new flooring, new kitchen and baths, electric fireplace, newer windows and more. Large deck to enjoy the outdoors. Move right in! A must see!!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 17, 2026 | Price Decreased |
$309,900
↓ $20K
(6.1%) | |
| Price Decreased | |||
| Jun 14, 2026 | Price Decreased |
$329,900
↓ $20K
(5.7%) | |
| Price Decreased | |||
| May 22, 2026 | Price Decreased |
$349,900
↓ $10K
(2.8%) | |
| Price Decreased | |||
| May 19, 2026 | Relisted | $359,900 | |
| Relisted | |||
| Apr 30, 2026 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017