96 WHISPERING WAY
About This Property
Offering spectacular lake & sunset views, the property is well positioned in the desirable southern section of the lake. The partly wooded parcel provides plenty of shade while allowing generous views and great access to the gently sloping lawn area. There is plenty of room for outdoor activities and features a beautiful lakeside fire-pit. The gently sloping lot makes it easy to swim and or access the private dock site that qualifies for a Type "A" dock suitable for 2 power boats plus a third water vessel. The property also includes the "Buydown" which provides additional value and protection for owners.
The charming and well built cottage offers open living spaces, and a covered lakeside porch. The main level offers plenty of natural lighting, a cathedral ceiling with pine tongue and groove ceilings, hardwood floors and a gas fireplace. The kitchen area offers granite counters a breakfast bar and stainless steel appliances. The main floor bedroom features lake views and hardwood floors with an adjoining full bath.
The upper level offers an inviting bedroom with cathedral ceiling and lake views along with a large loft/family room space adjoining a full bath.
The home also now offers air-conditioning and forced air heating with mini-splits on both levels.
The Seller recently acquired and is including adjoining property with this offering.
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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 |
|---|---|---|---|
| Sep 14, 2026 | Sold | ||
| Sold | |||
| Aug 16, 2026 | In contract | - | |
| In contract | |||
| Aug 4, 2026 | Price Decreased |
$1,099,000
↓ $90K
(7.6%) | |
| Price Decreased | |||
| Jun 6, 2026 | Listed by Railey Realty, Inc. | $1,189,000 | |
| Listed by Railey Realty, Inc. | |||
| Oct 23, 2020 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017