1134 Forest Home 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 |
|---|---|---|---|
| Jun 15, 2021 | Sold | ||
| Sold | |||
| Apr 30, 2021 | Listed by Compass RE Texas, LLC Memorial | $315,000 | |
| Listed by Compass RE Texas, LLC Memorial | |||
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Serene, updated home in a very convenient Energy Corridor location. A private courtyard welcomes you before stepping through the front door. Open plan kitchen/family room dining with an updated kitchen, very recent stainless steel appliances, breakfast bar, versatile living space and room for a large dining table. Convenient study/den to the side currently used as office space. Primary bedroom suite boasts a newly-renovated bathroom (2021 per seller) and two closets. Two secondary bedrooms share another full bath. Huge covered screened porch at the back of the property is a great extra space for relaxation. Note the double pane windows, the wood floors and tile (no carpet), and the fact that the home was repainted recently. Very short walk to the community pool, park, tennis courts, and Terry Hershey Park entrance. Zoned to Barbara Bush Elementary!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017