31897 Forest Oak 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 |
|---|---|---|---|
| Sep 29, 2021 | Sold | ||
| Sold | |||
| Aug 5, 2021 | Listed by Compass Re Texas, LLC | $390,000 | |
| Listed by Compass Re Texas, LLC | |||
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This home looks like it jumped off the pages of your favorite magazine! You'll fall in love with this hard to find one-story home with WATER VIEWS in desirable Imperial Oaks - The Meadows! 4 (or 5) bedrooms, 3 Full baths, great storage...Need a dining room, a play room, space for the pool table or an office? Undefined, flexible spaces with hard surface flooring adapt to homeowner needs! Well-maintained and upgraded - (2021) New carpet and Roof, (2020) water softener, (2019) HVAC, (2018) H20 heaters, LED lighting throughout and new fixtures. An island kitchen is in the heart of the living space and features granite counters and stainless appliances, painted cabinets, fresh hardware and pendant lighting. A stamped concrete patio is perfect for weekend BBQ's and there is still plenty of play space. Walk or ride your bike to Kaufman Elementary or The Meadows Recreation Center with pool and playground. Minutes from retailers, groceries and restaurants - and easy access to 99. Welcome Home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017