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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%.
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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.
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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 |
|---|---|---|---|
| Mar 6, 2024 | Sold | ||
| Sold | |||
| Feb 12, 2024 | In contract | - | |
| In contract | |||
| Feb 5, 2024 | Listed by Stanfield Properties | $675,000 | |
| Listed by Stanfield Properties | |||
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Magnificent Kustom Kastles home on an expansive wooded lot in The Forest of Friendswood offers the ultimate peaceful seclusion! The home exudes sophistication with high ceilings, ornate moldings, plantation shutters, elegant formals, an impressive den with a gas fireplace & custom built-ins, & a tranquil sunroom with ample windows that showcase the park-like backyard. The island kitchen boasts beautiful granite counters, breakfast bar seating, GE Profile appliances, a butlers pantry, & ample cabinetry with under-mount lighting. The master suite overlooks the lush backyard & offers a marble-clad bath with dual vanities, an impressive shower, his & hers closets, & a nearby private office. Step outside to a backyard oasis with a covered patio, meandering flagstone paths, & charming water features. With flexible space for 4-5 bedrooms, acclaimed FISD, hurricane windows & shutters, sprinkler system, tech shield, 36’x35’ attic, & ample parking, this home offers both luxury & practicality!
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About The Forest
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017