10793 Forest Creek Drive
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 |
|---|---|---|---|
| Sep 9, 2022 | Sold | ||
| Sold | |||
| Jul 20, 2022 | Listed by eXp Realty, LLC | $340,000 | |
| Listed by eXp Realty, LLC | |||
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You can't beat this beautiful one-story brick home on over 18,000 sq ft lot!! This home is conveniently located close to I-45 but has a country setting, just a few miles from Lake Conroe. The neighborhood has light restrictions, you can build a workshop/shed with POA approval. If the lot size isn't attractive enough this home boasts an ideal open floorplan, a huge pantry, an oversized laundry room with cabinetry, a large primary bedroom that has plenty of room for large furniture, and an en suite bathroom with a garden tub and separate shower, the secondary bedrooms are generously sized as well as their closets, this home is not lacking in space or storage! Outside enjoy a sprinkler system, a fully fenced backyard, a large deck off of the back of the home, and mature trees.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017