234 Forest Drive
About This Property
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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.
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 |
|---|---|---|---|
| Nov 21, 2023 | Sold | ||
| Sold | |||
| Jul 17, 2023 | Listed by Ambassador Realty | $449,900 | |
| Listed by Ambassador Realty | |||
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Welcome to 234 Forest Drive where you will find serenity, peace, and the calming sounds of nature by the water! Every inch of this 2895 square foot home has been renovated to perfection! Interior renovations include all new vinyl plank flooring, new ac and heat, interior paint, LED light fixtures, all new kitchen cabinets, countertops and stainless-steel appliances, electric fireplace, and the master bathroom is simply Amazing! The exterior renovations include all new windows, new landscape, garage doors, updated electrical with 200 amp breaker panel, new water lines, new water heater, and much more! Situated in one of Lake Jackson's most desirable neighborhoods. This home features 3 living areas and a wet bar. Three spacious bedrooms and two full baths. The back yard is perfect for family gatherings or when you just want to sit by the water and read a book! This beautiful home is one you have to see in person you will be amazed! Call today and schedule your personal showing.
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| Sep 14, 2022 | Sold | ||
| Sold | |||
| Jun 17, 2022 | Listed by Mega Realty | $255,000 | |
| Listed by Mega Realty | |||
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Fish in Oyster Creek from your own back yard. Classic mid-century home on a half acre+ creek lot. Multiple matured trees. Spacious living area includes a gas fireplace and a wood burning fire place and large windows overlooking the back yard. Additional living space adjacent to the kitchen can be used for informal dining or extra living area. Past the kitchen there are additional rooms that can be used for a variety of purposes (craft room, office, storage, etc.) 3 bedrooms and two full baths complete the home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017