2227 Foreland Drive
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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%.
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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.
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 |
|---|---|---|---|
| Mar 13, 2025 | Sold | ||
| Sold | |||
| Feb 27, 2025 | In contract | - | |
| In contract | |||
| Feb 19, 2025 | Listed by Energy Realty | $425,000 | |
| Listed by Energy Realty | |||
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This charming two-story residence in the heart of the Energy Corridor offers four spacious bedrooms, hardwood floors, granite countertops, and smart home features. Enjoy a grand entry, dual fireplace, patio with gas grill, swing set, and access to a community pool. The primary bedroom on the first floor includes a sitting area, jacuzzi, and walk-in closet. With a desirable corner lot and additional space for outdoor activities, this home provides great potential for comfortable living or investment. Conveniently located near schools, employers, shopping, dining, and recreational amenities. Don't miss out on this incredible opportunity! Schedule your showing today.
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| Apr 1, 2022 | Sold | ||
| Sold | |||
| Jan 9, 2022 | Listed by REALM Real Estate Professional | $422,660 | |
| Listed by REALM Real Estate Professional | |||
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Beautiful & Bright open plan. Energy Corridor living. Grand entry. Two story home offers hardwood floors and carpet. 4 bedrooms. Kitchen w/granite counter tops, induction stove, electrolux washer & dryer, smart phone controlled wireless nest thermostats on both floors, rever osmosis filter. Plus nice primary bedroom located on the first floor with sitting area, hers & his vanities, walk-in closet, jacuzzi & separate shower in primary bathroom Dual fire place in Kitchen and living room. Great patio, gas barbecue grill, swing set. Big community pool. Close to restaurants, supermarkets, easy access to I-10 & HWY 6. Walking distance to The Village School. GREAT LOCATION.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017