12011 Tall Forest Drive
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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 |
|---|---|---|---|
| Oct 12, 2021 | Sold | ||
| Sold | |||
| Aug 31, 2021 | Listed by RE/MAX Alliance | $289,900 | |
| Listed by RE/MAX Alliance | |||
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A CONTRACT HAS BEEN ACCEPTED - WAITING FOR EM & OP - Beautiful traditional single story home on a huge 35,100 sqft lot. Tranquil lifestyle in an established community of Timberlake Estates with just minutes away from US 290 and FM1960. Recently remodeled home offers 3 bedrooms, 2 baths with kitchen opens to dining and family den. Newly remodeled full bath in the master. Lightly restricted subdivision. Rooms to grow your gardens, raise chickens, horses, or build a second home for mom and pop on the adjacent lot. Call today and make this your new home. NOTE: Buyers are to independently verify all rooms measurements. This is an "AS IS, WHERE IS" sale and seller will not do any repairs or concession for repairs.
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| Feb 23, 2021 | Sold | ||
| Sold | |||
| Dec 5, 2020 | Listed by Hegemeyer Realty & Associates | $259,900 | |
| Listed by Hegemeyer Realty & Associates | |||
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Looking for a place in an established neighborhood with all the advantages of easy access to urban amenities. This traditional 1,874-sf brick veneer home set on a huge 35,100-sf lot among a shelter of mature trees is just waiting for you. Situated in the popular Cypress community and only minutes away from US 290 and FM 1960, it offers the best of both worlds. The exterior includes a two-car detached garage and covered walkway, and the interior includes three bedrooms, two baths, kitchen, dining area, and living room. Recently remodeled, the home features wooden and tile flooring, ceiling fans, and built-ins throughout all in a neutral palette that will lend itself to most any decor. Front entry is highlighted by a brick planter and living area includes a masonry fireplace. Call today for an appointment.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017