1811 FOREMAN ROAD
About This Property
For buyers comparing this home with current new construction, it is worth taking a closer look at more than square footage and floor plan. Construction specifications and included features can change over time, and this home reflects the building specifications and finish package offered when it was constructed in 2024. Its concrete block construction, windows, lighting and included finishes should be considered alongside those offered in homes being built today. Add in improvements already completed by the current owner, including the fully fenced backyard, extended paver patio and solar system, and this home offers features that may otherwise need to be added after purchasing new construction.
Inside, the main level centers around an open-concept kitchen, dining area and great room, creating one connected space for everyday living and entertaining. The kitchen features solid-surface countertops, ample cabinetry and an efficient layout that opens directly to the dining and living areas. Sliding doors lead to the extended paver patio and fully fenced backyard, providing additional usable outdoor space for dining, grilling, entertaining and pets.
One of the most useful features of the floor plan is the first-floor secondary bedroom with convenient access to a full bathroom. This provides flexibility for overnight guests, extended family, a home office or multigenerational living without requiring access to the second floor.
Upstairs, the loft provides a second living area separate from the main gathering space downstairs and can accommodate a media area, playroom, office or additional family room. The primary suite includes a spacious bedroom, private bathroom and oversized walk-in closet. Two additional secondary bedrooms and another full bathroom complete the second floor.
Ranches at Lake McLeod offers an extensive collection of community amenities, including a resort-style swimming pool, clubhouse, fitness center, playground, park, dog park, basketball court, pickleball court, volleyball court and private community boat launch. Internet service is also included through the HOA, adding another practical benefit to the community's amenity package.
Conveniently located near Highway 17, the community provides access to Winter Haven, Bartow and Lakeland, along with area shopping, dining, schools, lakes and recreation.
With four bedrooms, three full bathrooms, a first-floor bedroom and bath, upstairs loft, concrete block construction, solar system, fenced backyard, extended paver patio and more than 2,000 square feet of living space, 1811 Foreman Road gives buyers an opportunity to compare not only price and square footage, but also construction, included features and improvements already in place.
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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 |
|---|---|---|---|
| Sep 27, 2026 | Listed by LA ROSA REALTY PRESTIGE | $335,000 | |
| Listed by LA ROSA REALTY PRESTIGE | |||
| Nov 28, 2024 | Sold | ||
| Sold | |||
| Nov 5, 2024 | In contract | - | |
| In contract | |||
| Nov 1, 2024 | Price Decreased |
$320,999
↓ $9K
(2.7%) | |
| Price Decreased | |||
| Oct 29, 2024 | Relisted | $334,999 | |
| Relisted | |||
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About Polk
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017