1008 Forrest Drive
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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%.
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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.
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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 |
|---|---|---|---|
| Mar 24, 2023 | Sold | ||
| Sold | |||
| Jan 19, 2023 | Listed by JPAR Arlington | $320,000 | |
| Listed by JPAR Arlington | |||
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Upon arrival you a greeted by huge trees and a beautiful front porch. Once inside the floorplan is set up for entertaining - the kitchen, dining and living room are all open with plenty of natural light flooding in from the updated double pane windows. The kitchen is equipped with granite countertops, stainless appliances and a gas range. Just off of the living room is the oversized laundry room and air conditioned sunroom. You could use the sunroom for your favorite plants, homeschooling or even an art room. Not only does this house have 3 bedrooms, it also has a huge office with custom built-ins. You could easily converted the office a 4th bedroom, play room, or a second living space. Wood-look tile throughout makes cleaning a breeze. The backyard offers plenty of space to relax and backs to Wimbish Elementary School for extra privacy. The home is within close proximity to Arlingtons biggest attractions including Six Flags, AT&T Stadium, Globe Life Park, and UTA. New roof Sep 2020.
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| Jun 3, 2020 | Sold | ||
| Sold | |||
| Apr 5, 2020 | Listed by WNC Residential LLC | $215,900 | |
| Listed by WNC Residential LLC | |||
| Nov 6, 2019 | Sold | ||
| Sold | |||
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About Forest Park Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017