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15640 Forest Grove 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 11, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 11, 2026 | Listed by Keller Williams Platinum | $1,149,900 | |
| Listed by Keller Williams Platinum | |||
| Jun 25, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 24, 2026 | Listed by Keller Williams Platinum | $1,199,900 | |
| Listed by Keller Williams Platinum | |||
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Experience elevated living in this exceptional estate nestled on 2 private acres in Republic Grand Ranch, complete with a dedicated office, game room, home theater, kids’ study or playroom, a warm living area, and generously sized secondary bedrooms each with their own full bath. The chef-inspired kitchen showcases an oversized island with breakfast bar, abundant cabinetry and counter space, and a pantry. The primary suite offers an elegant spa-like en-suite with dual vanities, soaking tub, separate shower, and a generous walk-in closet with built-ins. Designed for entertaining, the fenced backyard features a covered patio, outdoor kitchen and fireplace, in-ground pool, and your own basketball and tennis court. The neighborhood enjoys scenic acreage homesites, parks, and peaceful wooded surroundings, with access to Lake Conroe and The Woodlands. A country glam, this property offers upscale privacy, space for recreation, and room to grow, while still staying connected to city life!
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| Feb 26, 2026 | Listed by Keller Williams Platinum | $1,200,000 | |
| Listed by Keller Williams Platinum | |||
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Experience elevated living in this exceptional estate nestled on 2 private acres in Republic Grand Ranch, complete with a dedicated office, game room, home theater, kids’ study or playroom, a warm living area, and generously sized secondary bedrooms each with their own full bath. The chef-inspired kitchen showcases an oversized island with breakfast bar, abundant cabinetry and counter space, and a pantry. The primary suite offers an elegant spa-like en-suite with dual vanities, soaking tub, separate shower, and a generous walk-in closet with built-ins. Designed for entertaining, the fenced backyard features a covered patio, outdoor kitchen and fireplace, in-ground pool, and your own basketball and tennis court. The neighborhood enjoys scenic acreage homesites, parks, and peaceful wooded surroundings, with access to Lake Conroe and The Woodlands. A country glam, this property offers upscale privacy, space for recreation, and room to grow, while still staying connected to city life!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017