2219 N Lake Trail
About This Property
Outdoors, mature trees provide shade and character, and the generously sized backyard invites relaxation or play. Every inch of this renovation was done with care - from the luxury vinyl plank flooring and matte black hardware to the soft-close J&K cabinetry and stylish tile showers. The kitchen features sleek stainless steel appliances and added recessed lighting to complement the bright, modern design.
Located just a short walk from the North Lakes Recreation Center, lush parks, and a nearby driving range, this home sits in a peaceful and welcoming neighborhood that feels tucked away yet connected to it all.
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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 |
|---|---|---|---|
| Sep 3, 2025 | Sold | ||
| Sold | |||
| Jul 31, 2025 | In contract | - | |
| In contract | |||
| Jul 10, 2025 | Price Decreased |
$400,000
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Jun 18, 2025 | Price Decreased |
$410,000
↓ $15K
(3.5%) | |
| Price Decreased | |||
| Jun 2, 2025 | Listed by Coldwell Banker Apex, REALTORS | $425,000 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017