25715 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 |
|---|---|---|---|
| Aug 31, 2021 | Sold | ||
| Sold | |||
| Jul 28, 2021 | Listed by RE/MAX Signature | $249,990 | |
| Listed by RE/MAX Signature | |||
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With an additional 4th flex room that can be an office space or additional guest room. Neutral colors throughout the home presents the new owner to start off with a blank canvas that allows your decorating creativity no limits. An open kitchen, looks out onto a breakfast area & family room. 10ft ceilings throughout the house give it a roomy, with a cozy environment. Large yard for plenty of room for family gatherings & two car garage. It’s location gives access to the Hardy toll road, I-45 & the booming Grand Parkway with tons of shopping. Room size approximate, do your diligences
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017