17227 Forest Ridge Point
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 31, 2023 | Sold | ||
| Sold | |||
| Jul 27, 2023 | Listed by eXp Realty, LLC | $320,000 | |
| Listed by eXp Realty, LLC | |||
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Welcome to this lovely home in Pine Forest Landing. The open airy floor plan allows you views into/from the Kitchen, Living Room and Dining area. Lots of windows give this home plenty of natural light. No carpet in the main living areas provides easy clean-up and beautiful modern look. Open concept island w/seating granite counters ample storage space, tiled backsplash & pantry. Wonderful study w/French doors perfect for working from home or surfing the net! Master bath boasts a large shower and double sinks. This home also features a patio with a covered deck area which is the ideal backyard to host your friends and family. Community also has a kid’s play area & jogging trail. Close to Addicks Park and Ride/ I-10, Energy Corridor, Bear Creek Park & Terry Hershey Park. Never flooded.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017