9 Putnam Drive
About This Property
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Amazing opportunity to own Lake Front Property in Lake Carmel! This blank canvas awaits your imagination to complete this 2 bedroom / 3 bathroom home, situated just steps from LAKE CARMEL. This 100X100 lot is full of potential and ready to help you make lasting memories for years to come. 10 minutes to the Southeast Metro North Station, minutes from beaches, Appalachian Trail, Wineries, Shopping, and everything else that Lake Carmel has to offer! Additional Information: HeatingFuel:Oil Below Ground,
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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 |
|---|---|---|---|
| Jul 25, 2025 | Sold | ||
| Sold | |||
| Jul 1, 2025 | In contract | - | |
| In contract | |||
| May 29, 2025 | Listed by Keller Williams Realty Partner | $575,000 | |
| Listed by Keller Williams Realty Partner | |||
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WELCOME to This magnificent lakefront modern living at its finest with this stunning renovation transforming into this contemporary living property, offering a breathtaking blend of private oasis and serenity. Imagine waking up to stunning views of the lake, enjoying leisurely mornings on the private dock, and entertaining guests in the spacious, beautifully designed interior. This property features an open floor concept living space with a gourmet kitchen, featuring a cathedral ceiling that elevates the first floor and its expansive, custom-made windows allowing the home with natural light, creating a bright, airy feel and direct water views. This home boasts a first-floor bedroom and full bathroom, making it an ideal for those seeking easy access to all main living areas. The second level features a beautiful master suite with its own full bathroom, walk-in closets and a farm door allowing a unique lake views. The walk-out lower level offers a full renovated bathroom, laundry room and the finished spaces can be used for various purposes, including entertainment, relaxation, exercise rooms, home Office, etc...This home also boasts a spacious deck overlooking the pristine lake and the Enjoyment of morning coffee or evening cocktails while watching the sunset over the water. FYI, this home was completely renovated, all brand new electric, plumbing, windows, hard-wood floors, central A/C, and much more!! The location is convenient and in close proximity to all the amenities you need. Minutes to highways and Metro North Train. Enjoy the Lake Carmel boat launch, swimming beaches, and walking trails.
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| Jan 25, 2021 | Sold | ||
| Sold | |||
| Nov 17, 2020 | Listed by Keller Williams Realty Partner | $199,900 | |
| Listed by Keller Williams Realty Partner | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017