816 E Eagle Lake Drive
About This Property
A custom built-in cabinet with drawers and a quartz top in the hall and game area adds valuable, elegant storage. Two lower-level bedrooms offer privacy and serenity. One bedroom features a gas fireplace with a new granite surround, Grasscloth wallpaper, sitting area and private door to the screened-in porch, with scenic views of the lake. Accessible from the lower level is a spacious screened 3 season room, perfect for morning coffee with scenic lake views, reading a book, or an afternoon nap with a cool lake breeze. The outstanding lower level patio extends into a beautifully manicured fenced in yard; a private and secure environment for family, friends and pets to play. As evening descends, the massive stacked stone natural gas fire pit is the perfect gathering point to enjoy a warm fire on a cool starlit night. While the street side of the home boasts new garage windows, drywall and paint, new gutter guards, and extensive new landscaping, the ultimate highlight of this property is the lakeside with 66' of beachfront with panoramic views of Eagle Lake and breathtaking sunsets. The updates extend far beyond what meets the eye. For total home comfort and efficiency, a new WiFi thermostat has been installed. All interior walls have been freshly repainted, and lighting throughout the home has been replaced with modern recessed fixtures. In the utility room, significant plumbing upgrades by A+ Wells include a new wx102 tank, a constant pressure system, and a whole-house shutoff, with the new pressure tank carrying a 7-year warranty for complete peace of mind. This is a rare opportunity to acquire a move-in-ready masterpiece designed for a life of comfort, style, and unforgettable lakeside living.
Payment Calculator
Your Estimated Monthly Payment
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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017