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2111 FORESTER WAY
About This Property
Located in the highly sought-after Timber Pines 55+ gated community, residents enjoy four championship golf courses, two geothermal heated pools, tennis and pickleball courts, a fitness and wellness center, a performing arts center, pro shops, an on-site restaurant, and an active calendar of clubs and social activities. HOA fees include exterior painting, exterior maintenance, lawn care, cable, and high-speed internet, allowing for truly low-maintenance, resort-style living in one of Spring Hill's premier communities.
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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 |
|---|---|---|---|
| Jun 28, 2026 | Price Increased |
$195,000
↑ $5K
(2.6%) | |
| Price Increased | |||
| Jun 27, 2026 | Price Decreased |
$190,000
↓ $10K
(5%) | |
| Price Decreased | |||
| Apr 5, 2026 | Price Decreased |
$200,000
↓ $5K
(2.4%) | |
| Price Decreased | |||
| Jan 23, 2026 | Listed by DALTON WADE INC | $205,000 | |
| Listed by DALTON WADE INC | |||
| Sep 23, 2024 | Sold | ||
| Sold | |||
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About Timber Pines
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$1,350 /mo
- 2 Beds
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- 1,007 ft²
$2,195 /mo
- 4 Beds
- 2 Baths
- 2,238 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017