11507 Briar Forest Drive
About This Property
Outside, you will enjoy a private pool in a serene, garden setting. You will also have access to the neighborhood recreational facilities including tennis courts, playground and pool. A circular driveway has been added in front of the property for additional guest parking and easy entry to/from the street. This property has never flooded per Seller.
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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 |
|---|---|---|---|
| Dec 2, 2021 | Sold | ||
| Sold | |||
| Aug 20, 2021 | Listed by RE/MAX Signature | $315,000 | |
| Listed by RE/MAX Signature | |||
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Spacious and lovingly maintained 4-bedroom, 2.5-bathroom home in the Energy Corridor. The attractive price provides the buyer plenty of leeway to update and make it their own. The first floor includes an eat-in kitchen, family room with fireplace, powder room, laundry, dining room and a formal living room that can be used as a home office or playroom if preferred. The large primary bedroom and en-suite bath along with the three additional bedrooms and a hall bath are privately located on the second floor. Inside components of HVAC were replaced in 2021 and outside compressor replaced in 2017 per seller.
Outside, you will enjoy a private pool in a serene, garden setting. You will also have access to the neighborhood recreational facilities including tennis courts, playground and pool. A circular driveway has been added in front of the property for additional guest parking and easy entry to/from the street. This property has never flooded per Seller.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017