13706 Quail Forest 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 |
|---|---|---|---|
| Aug 7, 2023 | Sold | ||
| Sold | |||
| Jun 16, 2023 | Listed by CB&A, Realtors | $360,000 | |
| Listed by CB&A, Realtors | |||
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This beautifully updated one-story home with a garage apartment is located in the highly sought-after Quail Forest subdivision, which is known for its top-rated Cy Fair ISD schools. Inside the main house, you'll find vinyl plank and tile floors throughout. The kitchen is a standout feature, boasting high-level granite countertops, white cabinets, a custom backsplash, and stainless steel appliances. The bathrooms have also been updated, adding to the overall appeal of the home. Outside, the property features nice landscaping and a sprinkler system to help maintain the yard. The home is situated on a private corner lot, offering added privacy with no neighbors located behind the property. One of the unique features of this property is the fully equipped garage apartment. It includes a living area/bedroom space, a kitchen, a bathroom, and washer/dryer connections. Overall, this home offers a great combination of modern updates, sought-after features, and a convenient location.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017