1101 Mount Olive Lane
About This Property
The primary suite is a peaceful retreat with a spacious walk-in closet, dual sinks, and an oversized walk-in shower. Two generously sized secondary bedrooms share a full bath with updated fixtures, and multiple linen closets provide smart storage throughout. Recent updates include fresh paint, new carpet throughout, updated lighting, and all new major kitchen appliances-microwave, dishwasher, stove-as well as modern toilets.
Enjoy outdoor living year-round with a large covered patio and plenty of backyard space-perfect for relaxing or hosting guests. Additional features include a whole-home water purification system and a modern security camera system that surrounds the home for added peace of mind. Located in a welcoming community with access to a neighborhood pool, parks, walking trails, and more-this home combines comfort, style, and convenience. Don't miss your opportunity to own this updated beauty just minutes from Forney's growing shopping, dining, and schools!
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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 |
|---|---|---|---|
| Aug 25, 2025 | Sold | ||
| Sold | |||
| Jul 25, 2025 | In contract | - | |
| In contract | |||
| Jul 17, 2025 | Price Decreased |
$279,000
↓ $11K
(3.8%) | |
| Price Decreased | |||
| Jun 12, 2025 | Price Decreased |
$290,000
↓ $15K
(4.9%) | |
| Price Decreased | |||
| May 21, 2025 | Listed by CENTURY 21 Judge Fite Co. | $305,000 | |
| Listed by CENTURY 21 Judge Fite Co. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017