25723 Forest Springs Lake
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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 |
|---|---|---|---|
| Oct 26, 2021 | Sold | ||
| Sold | |||
| Sep 28, 2021 | Listed by Keller Williams Realty | $280,000 | |
| Listed by Keller Williams Realty | |||
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You MUST see this AMAZING home in the highly-sought after community of Spring Lakes! This 4 bedroom, 2.5 bath home features an open floor with a home office, formal dining room, living room, large Primary bedroom suite, walk-in closets, game room, covered back patio and large back yard! You really can't ask for more! Community amenities include a GATED entrance, scenic lakes, tennis court, walking trails, clubhouse, pool and playground! This great home is located within Spring ISD and the elementary school is within walking distance! Other area attractions include Old Town Spring, Hurricane Harbor Splashtown, and tons of retail and restaurant options! Conveniently located between I-45, the Hardy Tollway and the Grand Parkway for an easy commute, no matter where you are headed!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017