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22972 Cedarspring
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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 |
|---|---|---|---|
| Oct 9, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 28, 2024 | In contract | - | |
| In contract | |||
| Sep 19, 2024 | Listed by Keller Williams Realty | $1,125,000 | |
| Listed by Keller Williams Realty | |||
| | |||
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Located in the Bennett Ranch community of Lake Forest, this single-level residence at 22972 Cedarspring offers an exceptional blend of comfort and style. Spanning 1,436 square feet, this meticulously maintained home features 3 bedrooms and 2 bathrooms, making it an ideal retreat for families or those seeking serene living. Step inside to discover a freshly painted interior and new flooring throughout, accentuating the bright and open floor plan. The spacious living room, featuring a cozy fireplace and abundant natural light, seamlessly transitions into the formal dining and living areas with soaring cathedral ceilings—ideal for both daily comfort and hosting gatherings. The kitchen, open to the family room, features elegant quartz countertops, recessed lighting, and a convenient bar-top counter with seating. Sliding doors from the family room lead to the expansive backyard, complete with a patio cover and large grass area, providing an inviting space for outdoor gatherings and relaxation. The primary suite is a private haven featuring a ceiling fan, walk-in closet, and an en-suite bathroom with new quartz countertops and dual sinks. Two additional generously sized bedrooms share a full hall bathroom, also updated with new quartz countertops and sink. Private and secluded, this home is situated on a corner lot with no neighbors on one side, nobody across the street, and is located next to a green belt, enhancing your privacy. This home truly enjoys a prime location directly across from the Aliso Creek bike/jogging path and just a few blocks from Cherry Park. Close proximity to schools, shopping, and entertainment venues further enhances the appeal of this desirable property. Don't miss the opportunity to make this exceptional residence your own. Schedule a private tour today and envision the tranquil lifestyle awaiting you at 22972 Cedarspring in Lake Forest.
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| May 9, 2019 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017