978 STATE ROAD 20
About This Property
This stunning 4-bedroom, 2.5-bathroom home was built in 2008 and offers the ultimate lakefront living experience. Step inside and be greeted by an abundance of natural light showcasing the sparkling waters of Spring-fed Lake Ida just beyond.
Lake Ida is your personal playground. Cast a line and fish for bass or bream right off your private dock. Cruise the tranquil waters in your boat, or enjoy exhilarating days skiing, tubing, or wakeboarding.
Your own private oasis awaits you. Take a dip in the sparkling heated saltwater pool with a spa, perfect for year-round enjoyment. Relax on the pool deck paved with pavers, or unwind under the covered lanai, all while taking in the stunning lakefront scenery.
Relax and unwind in the expansive living areas featuring gleaming travertine tile and custom cabinetry throughout the kitchen, bathrooms, and master closet. The gourmet kitchen boasts granite countertops and stainless-steel appliances. Unwind after a long day in your luxurious master suite downstairs. French doors lead out to a private lanai overlooking the lake, while the en-suite bathroom features his and her sinks, a large jetted tub, and a gorgeous walk-in closet.
Upstairs, discover a haven for family and guests. Three additional bedrooms share a well-equipped bathroom, while a spacious living area provides the perfect space for movie nights or game days. Step out onto the expansive 10'x44' balcony and soak in the breathtaking lake views.
This home boasts a new roof, a freshly painted exterior, a concrete privacy fence, and a concrete seawall for added peace of mind. Park your vehicles under the convenient 2-car carport, with plenty of additional parking available.
Don't miss this rare opportunity to own a piece of paradise. Contact us today to schedule a showing!
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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 |
|---|---|---|---|
| May 14, 2024 | Sold | ||
| Sold | |||
| Apr 8, 2024 | Listed by IHEART REALTY INC | $679,900 | |
| Listed by IHEART REALTY INC | |||
| Nov 1, 2016 | Sold | ||
| Sold | |||
| Feb 11, 2008 | Listed by COLDWELL BANKER BEN BATES INC | $429,900 | |
| Listed by COLDWELL BANKER BEN BATES INC | |||
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Lakefront beauty! Newly constructed 2-story home on beautiful spring fed Lake Ida. Features 4BR/2.5BA, beautiful stucco & stone fence/wall with electric gate, high ceiling, travertine floors, lots of space & great views of the lake. Outdoor amenities include 250+ ft on lake, concrete block bulk-head, paver pool/hot tub & dock.
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| Aug 28, 2006 | Listed by COLDWELL BANKER BEN BATES INC | $74,900 | |
| Listed by COLDWELL BANKER BEN BATES INC | |||
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Lakefront! 1.8 +/- acres, zoned R-1A (for homes only), with 289' +/- on Lake Ida (spring fed) & 300' +/- on SR 20.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017