1009 Lake Reserve Road
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 5, 2025 | Sold | ||
| Sold | |||
| Jul 9, 2025 | In contract | - | |
| In contract | |||
| May 22, 2025 | Listed by LOCKHART & ASSOCIATES INC | $129,000 | |
| Listed by LOCKHART & ASSOCIATES INC | |||
| | |||
|
Build your dream home with a view! Discover the perfect blend of natural beauty and modern convenience on this stunning 2.56 acre lot in Highland Lakes Reserve. Perched to capture views of Eagle Lake, this cleared and build-ready parcel offers a rare opportunity to create your custom home in one of Central Florida's most sought-after gated communities. Highland Lakes Reserve spans over 600 acres with only 155 homesites, ensuring privacy, space and a sense of exclusive living. Enjoy city water, sewer, paved roads and Comcast cable --- a rare combination in such a scenic nature-rich setting. Residents have access to a beautiful 10 acre Lake Conservation Park, complete with picnic tables and direst access to Lake Ruth via a public dock. For boating and water enthusiasts, the community also offers a private dock and boat ramp on Lake Charlotte. Survey is available on file-- Start planning your next chapter today!
| |||
| Oct 12, 2023 | Sold | ||
| Sold | |||
| Sep 20, 2023 | Listed by Dalton Wade Inc | $100,000 | |
| Listed by Dalton Wade Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017