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2289 LAKE FOREST AVENUE
About This Property
As you enter, you are immediately greeted by light, bright main living areas featuring soaring HIGH CEILINGS that create an open and airy feel. Thoughtfully designed for both beauty and practicality, the home boasts clean TILE FLOORING THROUGHOUT-absolutely no carpet!
The spacious floor plan flows seamlessly into a versatile, air-conditioned Florida room, providing the perfect light-filled sanctuary to relax with your morning coffee or entertain guests year-round, regardless of the weather outside.
Step out back to enjoy a spacious, PARTIALLY FENCED yard designed for privacy and low-maintenance outdoor living. A major standout feature is the dedicated backyard shed complete with FULL ELECTRICAL service-ideal for a workshop, hobby room, or extra storage.
Whether you're looking for a starter home, a turn-key downsize, or a low-maintenance Florida escape, this home delivers location, function, and comfort. Schedule your private showing today!
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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 | In contract | - | |
| In contract | |||
| Sep 20, 2026 | Listed by PEOPLE'S TRUST REALTY | $225,000 | |
| Listed by PEOPLE'S TRUST REALTY | |||
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About Spring Hill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017