2387 Forehand Road
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 |
|---|---|---|---|
| Jan 28, 2026 | No longer available | - | |
| No longer available | |||
| Jan 2, 2026 | Price Decreased |
$850,000
↓ $100K
(10.5%) | |
| Price Decreased | |||
| Nov 10, 2025 | Listed by Truepoint Realty, LLC | $950,000 | |
| Listed by Truepoint Realty, LLC | |||
| Oct 12, 2023 | Sold | ||
| Sold | |||
| Sep 5, 2023 | Listed by TXT Realty Services | $334,900 | |
| Listed by TXT Realty Services | |||
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Welcome to your serene oasis nestled on 7.430 acres of picturesque Texas landscape. This captivating 2-bedroom, 2-bathroom home at 2387 Forehand Rd offers a harmonious blend of modern luxury and rustic charm. So much land to use for hunting, animals, recreation, endless options. With 1903 square feet of meticulously designed living space, this property is a haven for those seeking a tranquil and spacious retreat. Step inside and be greeted by the warmth of luxury vinyl plank flooring that flows seamlessly throughout the living spaces, offering both durability and easy maintenance. Large windows bathe the interior with natural light, creating an inviting and uplifting atmosphere. The open-concept living and dining areas provide ample room for relaxation and entertainment. Imagine cozy evenings by the fireplace or hosting gatherings with loved ones. Schedule a viewing today and experience the lifestyle you've been dreaming of.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017