12502 Briar Forest Drive
About This Property
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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%.
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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 30, 2023 | Sold | ||
| Sold | |||
| Jun 1, 2023 | Listed by BHGRE Gary Greene | $425,000 | |
| Listed by BHGRE Gary Greene | |||
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Beautiful well maintained home in the Energy Corridor! 4 bed, 2.5 bath plus a closed study on the first floor and small open game room upstairs. Numerous updates in recent years including kitchen, dining areas, and primary bath, plus engineered wood floors throughout main level living areas. New roof, fence, and exterior paint in 2020. AC compressor just replaced and ready for summer. Previous foundation work rechecked, with transferrable warranty in place. Storm windows make this a very quiet home. Corner lot with big back yard and driveway access onto Ashford Parkway. Great community with playground, two pools open year round and tennis courts. Annual maintenance fee includes private trash and recycle collection, mosquito spraying and Precinct 5 Constable patrol. Active HOA and Citizen Patrol. Conveniently located to Terry Hershey Park, I10 and Sam Houston Tollway. Never flooded.
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Price/ft²
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About Westside
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017