31871 Forest Park Trail
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 |
|---|---|---|---|
| Dec 20, 2024 | Sold | ||
| Sold | |||
| Dec 1, 2024 | In contract | - | |
| In contract | |||
| Nov 20, 2024 | Listed by Diamond Homes Realty | $300,000 | |
| Listed by Diamond Homes Realty | |||
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Better than new loaded w/ all the bells and whistles. Ranch located on a quiet family friendly cul-de-sac w/ no rear neighbor. Open concept everyone is looking for w/ 42" SOLID wood cabinets, Massive eat at island w/ sink. Tile in wet areas & wood style flooring throughout making this home perfect for allergy sufferers and pets. Double pane energy efficient windows make home both functional & affordable. Relax on your oversized covered back patio. Great for grilling & entertaining. Walking distance to Top rated Kaufman Elementary, Pond for fishing, playground & access to community pool w/ splash pad. CISD Schools. Minutes to I-45, GrandParkway, Hardy Toll, Exxon, Theatre, Groceries (Kroger, HEB, Walmart), The Woodlands mall, Fine Dining & Shopping. Don't let this amazing home pass you by. Contact us to schedule your private tour TODAY!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017