1540 Jacobs Forest Dr
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%.
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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 |
|---|---|---|---|
| May 7, 2024 | Sold | ||
| Sold | |||
| Apr 9, 2024 | In contract | - | |
| In contract | |||
| Apr 4, 2024 | Listed by Keller Williams Realty The Woodlands | $619,000 | |
| Listed by Keller Williams Realty The Woodlands | |||
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Absolutely stunning home nestled in the beautiful community of Jacobs Reserve, this home boasts 6 bedrooms and 4 bathrooms, including two bedrooms downstairs for added convenience. Meticulously maintained by its original owners, it radiates timeless elegance with wood floors, a light & bright chef's kitchen open to the living area, and abundant natural light throughout. Step outside into the backyard oasis and be captivated by the heated sparkling pool and spa, lush landscaping, beautiful lighting, a covered patio, and low-maintenance turf. Entertain effortlessly in the outdoor kitchen, creating unforgettable moments. Upstairs you will find a spacious game room, media room, 4 additional bedrooms, 2 full baths, and ample storage. The 3-car tandem garage offers versatility for storage or a workshop. With over 137K in upgrades, zoned to exemplary Woodlands schools and conveniently located near all essentials, this home promises a lifestyle of luxury and convenience!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017