1176 Lael Forest Trail
About This Property
The main level features warm wood flooring and a spacious living room that flows seamlessly into the breakfast area and kitchen, creating a welcoming space for gathering with family and friends. The kitchen offers stainless steel appliances, ample prep space, and convenient access to the main living areas.
One of the standout features of this home is the flexibility offered on the main level. In addition to the primary living spaces, the first floor includes a private home office--perfect for remote work or study--as well as a separate bedroom and full bathroom, providing an ideal setup for guests or multi-generational living.
A charming storage nook tucked beneath the staircase adds both function and personality to the home and could easily serve as a fun hideaway for kids, a cozy reading space, or even a dedicated pet area.
Upstairs, the spacious primary suite offers a relaxing retreat with a private bathroom and walk-in closet. Three additional bedrooms are located on the second floor along with two additional flexible living spaces that truly set this home apart: a loft/family room and a large bonus room. The loft provides the perfect secondary living area, playroom, or study space, while the oversized bonus room offers endless possibilities as a media room, game room, home gym, or hobby space.
Outdoor living is just as inviting. The nicely fenced backyard features a screened-in porch, deck, and patio, offering multiple spaces to relax, dine, or entertain while enjoying the outdoors.
The garage is equally impressive with durable epoxy floors and built-in cabinetry that provides excellent storage and organization.
Located in the popular Mackintosh on the Lake community, residents enjoy wonderful neighborhood amenities including a community pool, tennis courts, fitness center, and scenic walking areas. The home is conveniently located near shopping, dining, and major roadways, making daily commutes and errands easy.
With its spacious layout, flexible living areas, thoughtful storage, and inviting outdoor spaces, this home offers the perfect combination of comfort, functionality, and lifestyle in one of the area's most desirable neighborhoods.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017