16923 Forked Lake Drive
About This Property
Don't let ERCOT get you down this summer- this home features many energy efficient additions and open cell, spray foam insulation which keeps summer utility bills LOW! Playset can stay! Do not sleep on this gorgeous home.
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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 3, 2021 | Sold | ||
| Sold | |||
| Jul 22, 2021 | Listed by True Houston | $749,000 | |
| Listed by True Houston | |||
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Picturesque and pristine views of Lake Houston from this one-of-a-kind home nestled on just over one third acre. Design and finishes that could rival any HGTV designer, these owners have taken every detail into consideration. Extensive upgrades include over $23,000 in custom closets, $14,000 Garage Overhaul with custom storage, custom blackout shades. This home has dual attached office spaces, game room. media room, craft room, two utility rooms, dual staircases, and an amazing primary suite! The layout is perfect for entertaining with the expansive kitchen island that leads to the family room. Over $5,000 in custom shiplap work in the family room and throughout the house. Ample storage throughout .
Don't let ERCOT get you down this summer- this home features many energy efficient additions and open cell, spray foam insulation which keeps summer utility bills LOW! Playset can stay! Do not sleep on this gorgeous home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017