181 Brackens
About This Property
With Superior Craftsmanship throughout, The heart of the home is the family-style kitchen, featuring a large center island, beautiful cabinetry, and stainless steel appliances. The kitchen seamlessly flows into the spacious family room, creating a perfect space for gatherings. Other highlights include an inside laundry room, tankless water heater, and Energy Star-rated AC & heating for efficiency. With volume ceilings and a state-of-the-art home automation system, this property combines modern conveniences with timeless design.
On the main floor, you'll find a guest bedroom and full bath. Upstairs, the luxurious primary suite offers a private retreat, while an additional loft can easily be transformed into a lounge, game room, or study.
The backyard features a beautiful patio and professionally landscaped yard, ideal for outdoor enjoyment. The community association provides access to top-notch amenities including a pool, spa, picnic area, children's playground, dog park, sports court, clubhouse, and more.
An incredible opportunity to own a never-lived-in family-friendly home in one of Lake Forest'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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 6, 2025 | Sold | ||
| Sold | |||
| Jan 17, 2025 | In contract | - | |
| In contract | |||
| Oct 20, 2024 | Listed by Berkshire Hathaway HomeService | $2,145,000 | |
| Listed by Berkshire Hathaway HomeService | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017