2234 Foreland 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 |
|---|---|---|---|
| Jan 30, 2024 | Sold | ||
| Sold | |||
| Jan 3, 2024 | In contract | - | |
| In contract | |||
| Dec 13, 2023 | Listed by Greenwood King Properties - Kirby Office | $400,000 | |
| Listed by Greenwood King Properties - Kirby Office | |||
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Wonderful U-Shape floor plan full of natural light! The courtyard being the focal point of this home is observed from all primary gathering spaces. A window-lined perimeter allows light to beam through the living room, dining room, primary bedroom as well as entry hallway. Generous in size, the living room and primary bedroom mirror each other through the courtyard with ample space for breathability. Two additional secondary bedrooms along with wet bar lend themselves well to guests and entertaining. Step outside into the courtyard, complete with a covered patio, perfect for al fresco grilling and abundance of green-space. A unique and distinguished layout in the Energy Corridor. Recent updates include a complete HVAC replacement, 2022*. *per Seller
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| May 20, 2022 | Sold | ||
| Sold | |||
| Apr 5, 2022 | Listed by Krueger Real Estate | $367,000 | |
| Listed by Krueger Real Estate | |||
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Welcome to this beautiful Energy Corridor home that boasts amazing courtyard views upon entering home with living, dining and kitchen on the left wing of the home and bedrooms on the right. There are two wood burning fireplaces in this home, one in the living room and one in the primary bedroom. The living room features beautiful wood beams on the ceiling and amazing natural light throughout. This spacious home resides in an excellent location with easy access to Beltway 8, Westpark and I-10. Walking distance to the club house, pool and/or tennis court and to Village School.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017