2919 GRIFFIN ROAD
About This Property
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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 11, 2025 | Sold | ||
| Sold | |||
| Apr 29, 2025 | In contract | - | |
| In contract | |||
| Apr 22, 2025 | Relisted | $225,000 | |
| Relisted | |||
| Apr 8, 2025 | Listed | $225,000 | |
| Listed | |||
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Welcome to a rare opportunity in unincorporated Lake County! This 3-bedroom, 2-bathroom home sits on just under an acre of land and offers over 2,100 square feet of living space, a side-entry 2-car garage, and a private in-ground pool—perfect for enjoying Florida’s sunny lifestyle. What truly sets this property apart is its Residential Professional zoning, a unique designation that allows for certain professional service uses while still maintaining residential compatibility (as outlined on the Lake County Municode site). Whether you're looking to create a home office, studio, or small business setup, the possibilities here are wide open. While the home does need a bit of TLC, many of the major components have already been updated—including the roof, water heater, and electrical panel in recent years. It’s being sold As-Is, giving you the chance to customize and bring your vision to life. With flexible zoning, no HOA restrictions, and ample space to expand or personalize, this is a property you won’t want to miss!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017