260 N Forest Cove Loop
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 |
|---|---|---|---|
| May 18, 2026 | Sold | ||
| Sold | |||
| Apr 22, 2026 | In contract | - | |
| In contract | |||
| Mar 21, 2026 | Price Decreased |
$375,000
↓ $20K
(5.1%) | |
| Price Decreased | |||
| Jun 25, 2025 | Listed by Compass RE Texas, LLC - The Woodlands | $395,000 | |
| Listed by Compass RE Texas, LLC - The Woodlands | |||
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Step into this beautifully decorated one-story home in the gated community of Cape Royale. Enjoy a spacious open-concept living area that flows into the island kitchen and dining space. The primary bedroom with ensuite bath and walk-in closet sits privately at one end, while a second guest room and full bath are on the other. A walkway connects to a guest wing-ideal for a mother-in-law suite or teens-featuring its own living area, kitchen, large bedroom/bunkroom, full bath, and private entrance. Outside, enjoy a fenced backyard with storage sheds. Just a short walk across the community bridge brings you to Royale Greens Park, where you can play beach volleyball, cast a line, or relax at the lake’s edge. Residents of Cape Royale enjoy access to a deep-water marina with private long-term boat slip rentals, a private boat launch, pool, clubhouse, tennis courts, nature trail, trailer storage lot and more!
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| Sep 19, 2022 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017