3103 Cloud Forest Lane
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 |
|---|---|---|---|
| Jun 28, 2024 | Sold | ||
| Sold | |||
| Jun 7, 2024 | In contract | - | |
| In contract | |||
| May 30, 2024 | Listed | $385,000 | |
| Listed | |||
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Be at home in a great house in a great location with great amenities! This like new home has been gently lived in & is better than new construction because it has 2 extra private parking spaces! Being at end of street means less traffic & extra wide side yard & back yard. Home has open plan with high ceilings & luxury vinyl plank flooring on 1st level. Living, dining, kitchen with walk-in pantry & large storage under stair are all on 1st level with half bath & drop zone at garage entry. Upstairs has all bedrooms along with game room & 2 full baths (1 is in primary ensuite). Back yard is fenced with established grass. Reasons to love this home include community amenities - walking trail along pond, pool, playground, community center with gym & event spaces, covered outdoor event space, & dog park along pond is accessible from pedestrian gate within subdivision. Enjoy easy freeway access. Memorial Medical Center & Memorial City Mall are nearby. Come visit and you won't want to leave.
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| Oct 29, 2021 | Sold | ||
| Sold | |||
| Mar 19, 2021 | Listed by Meritage Homes Realty | $367,995 | |
| Listed by Meritage Homes Realty | |||
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Brand NEW energy-efficient home ready August 2021! An open concept allows you to prepare dinner at the Quinn’s kitchen island without missing the conversation in the family room. Upstairs, the game room makes a great play or media space. The primary suite boasts dual sinks and a walk-in closet. Located inside the Beltway, Spring Brook Village provides easy access to I-10 and 290 making the commute to work, shopping, and restaurants convenient as ever. Within the community, you can enjoy trails, recreation center with fitness room, outdoor pool, dog park, and much more. Known for their energy-efficient features, our homes help you live a healthier and quieter lifestyle while saving thousands of dollars on utility bills.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017