181 Hill
About This Property
The home's modern exterior features a sleek glass garage door and a 12x24 porcelain-tiled walkway leading into a grand, double-height entry. Inside, more than $400,000 in luxury upgrades define refined living: 36x36 porcelain tile floors throughout the first level, full-height custom cabinetry with glass-display uppers, a built-in refrigerator, a 48" professional cooktop, and double ovens. The great room offers a designer TV feature wall and artful detailing, while the first-floor study includes a full wall of custom built-in shelving, creating a perfect home office or library. A first-floor ensuite bedroom provides convenience for guests or multi-generational living.
Upstairs, solid hardwood floors flow through an open loft and every bedroom-each equipped with its own upgraded ensuite bath featuring full-height 12x24 porcelain tile. The primary suite is a serene sanctuary, showcasing custom accent lighting and a frameless concealed sliding door leading to a spa-like bathroom clad entirely in porcelain tile, complemented by a free-standing soaking tub. The custom walk-in closet offers unparalleled built-in organization and storage space, thoughtfully designed for the ultimate in functionality and luxury. Throughout the home, custom motorized window curtains and roller shades offer effortless comfort and privacy.
Situated in the prestigious Toll Brothers-built Evergreen enclave, residents enjoy a resort-style clubhouse, twin swimming pools, spa facilities, and multiple parks. With low 1.05% property tax, no Mello-Roos, and exceptional proximity to shopping, dining, and top-rated schools, this home perfectly blends modern design, privacy, and exclusive living in the heart of Lake Forest. MUST SEE!
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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 |
|---|---|---|---|
| Mar 20, 2026 | Sold | ||
| Sold | |||
| Mar 4, 2026 | In contract | - | |
| In contract | |||
| Feb 9, 2026 | Listed by Realty One Group West | $2,700,000 | |
| Listed by Realty One Group West | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017