18207 Mahogany Forest Drive
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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.
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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 |
|---|---|---|---|
| Dec 6, 2023 | Sold | ||
| Sold | |||
| Aug 19, 2023 | Listed by RE/MAX Integrity | $309,900 | |
| Listed by RE/MAX Integrity | |||
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Beautifully updated family home on Cul-de-sac. Updated kitchen with gas stovetop and granite counters. Updated electrical and PEX Piping and much more. Easy Access to HWY 249 and 99. HOA provides state of the art amenities including leisure pool, 8 lane lap pool, Clubhouse with workout facility, Tennis courts, Pickle Ball Courts, Private walking trail for residents and their guests. Klein schools are state and nationally recognized for their excellence. There are two Klein ISD schools in the neighborhood. Elementary and Intermediate schools are both here and High School is across the street. Easy access to grocery stores, dining and shopping all at your finger tips. Inspection reports available.
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| Sep 3, 2021 | Sold | ||
| Sold | |||
| Jul 25, 2021 | Listed by BHGRE Gary Greene | $299,999 | |
| Listed by BHGRE Gary Greene | |||
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Stunningly updated family home at the end of a cul de sac! The kitchen was completely gutted and rebuilt with a better functioning layout. Bright white soft close cabinetry with tons of storage, a 5 burner gas stove for the cook, plenty of counter space for the baker and a deep sink for the clean up crew. This home has what you are looking for - PEX plumbing, energy efficient windows, updated electrical box, hand scraped hard wood floors, white tile floors with grey veining (gives it that Carrera Marble look), granite in kitchen and bathrooms. Klein ISD schools with elementary and middle school in the subdivision. Community boasts a water park of their own with hidden gem tennis center and work out facility all included in the annual HOA.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017