139 FOREST VALLEY
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 |
|---|---|---|---|
| Sep 25, 2023 | Sold | ||
| Sold | |||
| Sep 5, 2023 | Listed by Alan King & Associates, LLC | $108,000 | |
| Listed by Alan King & Associates, LLC | |||
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Welcome to your next investment opportunity! This property is a fantastic find, priced below market value, making it ideal for seasoned investors or handy owner-occupants looking to build equity fast. This home serves as a blank canvas for a long-term rental, flip project, or AirBnB venture. Conveniently located with easy access to Loop 410 and Hwy 90, plus the added benefit of being right across the highway from Lackland Air Force Base, this property is sure to attract tenants or guests. Please note that the property is being sold as is, and the seller will not make any repairs.
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| Feb 1, 2006 | Sold | ||
| Sold | |||
| Apr 27, 2005 | Listed by Network NW Real Estate | $57,500 | |
| Listed by Network NW Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017