11794 FOREST PARK CIRCLE
About This Property
Hurricane-impact windows, a whole-house generator, and a new roof installed in December 2024 provide durability and resilience. The interior showcases an open-concept layout that seamlessly integrates the kitchen and living room-ideal for everyday living and entertaining. The kitchen is outfitted with quartz countertops, stainless steel appliances, and a reverse osmosis filtration system. A 20-by-40-foot screened lanai anchors the outdoor living space, complete with a tranquil water fountain and an outdoor shower. Community amenities include tennis courts, a splash pad, playground, a multi-use sports field and two dog parks. All within minutes of upscale shopping, dining and the Gulf Coast's acclaimed beaches.
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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 |
|---|---|---|---|
| Aug 6, 2025 | Sold | ||
| Sold | |||
| Jul 9, 2025 | In contract | - | |
| In contract | |||
| Jun 21, 2025 | Price Decreased |
$390,000
↓ $9K
(2.3%) | |
| Price Decreased | |||
| May 19, 2025 | Listed by PREMIER SOTHEBY'S INTERNATIONAL REALTY | $399,000 | |
| Listed by PREMIER SOTHEBY'S INTERNATIONAL REALTY | |||
| Feb 10, 2011 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017