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For sale
Residential income properties
NY
Mahopac
10541
4 Marina Drive G2

Lakefront Condo with Dock

4 Marina Drive G2, Mahopac, NY 10541

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For Sale

$375,000

Turnkey condo with lake views, balcony, and dock.

Type:Condo/Townhome

Property size:

1,028 SF

Lot size:

0.04 Acres

Price / SF:

$364/SF

HighLights

Lakefront condo with dock on Lake Mahopac.
Turnkey unit with private balcony overlooking lake and pool.
Prime location in center of town, walking distance to restaurants and shopping.
Lake views from bedroom and year‑round lake views throughout.
Amenities include pool, rec room, lakefront gazebo, and two elevators.
Seller has paid the $20,000 assessment.

We can help!

Contact an agent

William Frattarola, Jr.

For Sale

$375,000

Turnkey condo with lake views, balcony, and dock.

Type:Condo/Townhome

Property size:

1,028 SF

Lot size:

0.04 Acres

Price / SF:

$364/SF

Added:: Mar 24, 2026
Days on Market:: 103
Last Refresh:: Apr 5 at 10:13 pm

Property Features for 4 Marina Drive G2

General Information

Standard status: Active
Size: 1,028 SF
Lot size: 0.04 Acres
Property subtype: Condo/Townhome

Building Details

Year Built: 1986

We can help!

Contact an agent

William Frattarola, Jr.

Listing office Houlihan Lawrence Inc.

Listing date Mar 24, 2026

Source Exitrealty

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Houlihan Lawrence Inc.

HighLights

Lakefront condo with dock on Lake Mahopac.
Turnkey unit with private balcony overlooking lake and pool.
Prime location in center of town, walking distance to restaurants and shopping.
Lake views from bedroom and year‑round lake views throughout.
Amenities include pool, rec room, lakefront gazebo, and two elevators.
Seller has paid the $20,000 assessment.

Overview

This lakefront condominium is located in the White Sail Condominium on Lake Mahopac. The unit is situated on the second floor and features lake views. A private balcony overlooks Lake Mahopac and the pool. The unit includes a den suitable for use as an office, guest room, or den. The bedroom offers lake views and closet space. The kitchen is equipped with cabinets. Residents have access to a pool, recreation room with equipment, and a lakefront gazebo. The property includes one assigned parking space, guest parking, a security gate, and two elevators. Kayaks and motor boats are permitted. The property includes a dock. The location is in the center of town, within walking distance of restaurants and shopping. Pets are allowed with a limit of two, each weighing 20 lbs or less. There is a buyer closing fee of $5,000 to the association. The property size is 1028 square feet.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$47.5k	$46.20
− Vacancy	−$1.8k	−$1.76
EGI	$45.7k	$44.44
− OpEx	−$20.6k	−$20.00
NOI	$25.1k	$24.44

1,028 SF · lease $46.20/SF/yr · vacancy 3.80% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$359.0K

$314.1K – $418.8K (±1% cap)

NOI $25,129 @ 7.0% cap · market cap 6.70%

Second Best

—

no second resolved use

Theoretical Best

Specialty Retail

$679.7K

$594.7K – $793.0K (±1% cap)

NOI $47,578 @ 7.0% cap · market cap 12.69%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Affiliated Home Care ... Home Health Care Service Trunk 2 Stump ... Landscaping

Suggested Use

Location Insight

Map
Local Demand

City: Mahopac
County: Putnam
State: New York
Longitude: -73.730453
Latitude: 41.373902

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For sale
Residential income properties
NY
Mahopac
10541
4 Marina Drive G2

What type of property is this?

Residential income property - Turnkey condo with lake views, balcony, and dock.

Where is this residential income property located?

The property is located at 4 Marina Drive G2 Mahopac, NY.

What is the asking price?

The asking price for this property is $375,000.

What are key features of this property?

This property features: Lakefront condo with dock on Lake Mahopac.; Turnkey unit with **private balcony overlooking lake and pool**.; Prime location in center of town, walking distance to restaurants and shopping.