25523 Forest Springs Lake
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 |
|---|---|---|---|
| Sep 20, 2024 | Sold | ||
| Sold | |||
| Aug 16, 2024 | In contract | - | |
| In contract | |||
| Aug 9, 2024 | Listed by eXp Realty LLC | $300,000 | |
| Listed by eXp Realty LLC | |||
| | |||
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GATED 1-Story with FULL Interior Paint, NEW Carpet, NEWER AC, NEWER Water Heater, OPEN Floor Plan and UPDATED Landscaping. ASK US HOW THIS HOME QUALIFIES FOR A SPECIAL LOAN PROGRAM!! The seller has priced COMPETITIVELY to set you up for success with this move-in ready home. The Quiet and Established community of Spring Lakes HAS IT ALL with its Mature Trees, Playground, Tennis Courts, Community Pool and Gorgeous Lakes. Now all that's missing is YOU!!! Conveniently located right in the middle of I45 and the Hardy Toll Road, you'll easily and quickly be able to make it to all of your most important destinations! Kroger, Walmart, HEB, local parks and recreation all within a 10 minute drive! The historic streets of Old Town Spring, with its whimsical shops, cozy restaurants, and curious hide-a-ways, is only a 5 minute drive! Schedule your tour TODAY!
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| Aug 3, 2024 | No longer available | - | |
| No longer available | |||
| Aug 2, 2024 | Price Increased |
$300,000
↑ $15K
(5.3%) | |
| Price Increased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017