38
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12210 Lake Forest Drive
About This Property
Inside, this Control4 smart home integrates lighting, security, climate, and audio into one seamless system controllable via phone, touchscreen, or keypad. The chef's kitchen features a Wolf 6-burner gas cooktop with griddle, double ovens, panel-ready refrigerator, warming drawer, nugget ice machine, dual drink drawers, pot filler, and a grand island with seating for seven. Plantation shutters and blackout privacy screens enhance comfort, while recently replaced HVAC and water heaters ensure peace of mind. A large, private primary suite and secondary primary suite, both with sparkling views of the lake are not to be missed!
Enjoy movie nights in the dedicated media room with projector, screen, half bath, and storage. The luxury climate-controlled garage suite includes epoxy floors, four WiFi-enabled 12ft. roll-up doors, 220V outlets, tankless water heater, two bedrooms, full bath, and a covered second-story patio overlooking the lake - ideal for guests, multigenerational living, or a private workspace.
Additional features include a 50in. Coyote grill-flat top combo, insect-spider misting system, lake-fed irrigation, gated, stone entry, and a privacy fence with smart-access gate. This rare Eagle Mountain Lake estate delivers unmatched privacy, resort-style amenities, and wide open water views - a true waterfront paradise. Full property details and youtube video available.
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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 |
|---|---|---|---|
| Jul 7, 2026 | No longer available | - | |
| No longer available | |||
| Jun 15, 2026 | Price Decreased |
$2,200,000
↓ $150K
(6.4%) | |
| Price Decreased | |||
| May 13, 2026 | Price Decreased |
$2,350,000
↓ $150K
(6%) | |
| Price Decreased | |||
| Feb 7, 2026 | Listed by Fathom Realty, LLC | $2,500,000 | |
| Listed by Fathom Realty, LLC | |||
| Dec 13, 2025 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017