1607 Jacobs 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 |
|---|---|---|---|
| Apr 29, 2026 | Sold | ||
| Sold | |||
| Mar 28, 2026 | In contract | - | |
| In contract | |||
| Mar 18, 2026 | Listed by FirstWalk Realty | $425,000 | |
| Listed by FirstWalk Realty | |||
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Welcome to your dream home in a highly sought-after community within the prestigious Woodlands school district. This beautifully remodeled 4-bedroom, 2-bathroom, single story residence offers modern living with a host of updates. Enjoy the benefits of new flooring, fresh paint, and soft-close kitchen drawers. Smart home features include Google-compatible switches and a comprehensive security system with front and back cameras. The outdoor space is equally impressive, featuring a leveled backyard with new grass, a gazebo, and privacy fencing with NO BACK NEIGHBORS. Additional amenities include a dog run, Malibu lighting, and extended driveway. This home is perfectly designed for comfort and convenience, making it an exceptional opportunity in a prime location. You must see this home. Your search will end now.
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| Sep 22, 2021 | Sold | ||
| Sold | |||
| Jul 15, 2021 | Listed by BHGRE Gary Greene | $350,000 | |
| Listed by BHGRE Gary Greene | |||
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Welcome Home! This stunning brick one story in Jacobs Reserve has an open floor plan, white cabinets and bright! Upon entry you have views of the back yard and rod iron fencing through windows in the living and breakfast area. Garage is to right front of home and secondary beds and bath to the left. Walking further into the home you are in the open concept living, kitchen and breakfast area. The kitchen features, stainless steel appliances, granite countertops and white cabinet. Off living to the left is a large master with ensuite and walk-in closet. This is a great find! You do not want to miss this home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017