96 Lakeview 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 |
|---|---|---|---|
| Nov 21, 2025 | Sold | ||
| Sold | |||
| Oct 31, 2025 | In contract | - | |
| In contract | |||
| Sep 19, 2025 | Listed by McGrath Realty Inc | $425,000 | |
| Listed by McGrath Realty Inc | |||
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Welcome to this renovated 1,620 SF raised ranch in Pawling Lake Estates, a charming lake community nestled atop West Mountain and adjacent to West Mountain State Park. Steps in reveal freshly painted walls and refinished hardwood flooring throughout the 1,120 SF first floor. The living room has a massive stone fireplace and wood-burning stove insert, which opens to the dining area. A renovated kitchen boasts custom cabinetry, updated appliances, and a door to the screened porch. The porch adds 250 SF of space to dine al fresco, sit back and relax, or entertain. Three bright bedrooms and a full bath with updated fixtures complete the first floor. The lower level has 500 SF finished, a pellet stove, a door to the backyard, and additional unfinished space waiting to be finished. Outdoors, there is great yard space all around. The backyard is cleared, level and park-like. Out front is a semi-circle driveway with garden space in the center and plenty of parking.
Living in Pawling Lake Estates, you will spend summers at the lake enjoying all that it has to offer, a community house, recreation area, playground, picnic benches, sandy beach, and docks. Swim, fish, paddleboard, kayak in this private non-motorboat lake. Community events year round add to the charm and the nostalgic feel of the area. Yet just minutes away, the Village of Pawling offers boutique shops, fun eateries, fine dining, the Pawling Metro North Train Station, trails, town parks, and a seasonal farmer’s market.
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| Jan 23, 2017 | Sold | ||
| Sold | |||
| Aug 18, 2016 | Listed by R. Ferris Real Estate, LLC | $230,000 | |
| Listed by R. Ferris Real Estate, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017