108 Birch Forest Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 30, 2023 | Sold | ||
| Sold | |||
| Feb 9, 2023 | Listed by Waller County Land Co. | $92,000 | |
| Listed by Waller County Land Co. | |||
| | |||
|
This quaint bunk house & boat shed sits on two lots, nearly 3/4 of an acre. The interior includes 4 built-in bunk beds & kitchenette w/ refrigerator. The full bathroom is plumbed with shower, sink, toilet and water but does not have a septic system. The kitchenette has cabinets, countertops and a microwave. The boat shed is approximately 24x30 with an outdoor sink. This is a great little getaway for those looking for a place to park your boat with easy access to be on the water. Birch Creek Forest offers a community pool and an area to BBQ and hold events. Near the boat ramp you can also enjoy the hiking trails.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017