324 Forestwood Drive
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 |
|---|---|---|---|
| Jan 31, 2024 | Sold | ||
| Sold | |||
| Oct 3, 2023 | Listed by Keller Williams Rockwall | $290,000 | |
| Listed by Keller Williams Rockwall | |||
| | |||
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BACK ON MARKET, due to no fault of the sellers! BEAUTIFULLY UPDATED home on OVERSIZED CORNER LOT! Light & bright kitchen remodel includes painted cabinets, new hardware, countertops, sink and fixtures, new appliances, & luxury vinyl flooring! The dining area features alcove ceiling & opens directly into the airy spacious
living room with brick fireplace, high ceilings & a wall of windows! The large primary suite offers generous space with a large remodeled ensuite bath with painted cabinets, new countertops, remodeled oversized shower, & plenty of space in the double walk-in closet! Home has been fully painted in neutral colors, luxury vinyl in main living areas, updated lighting, fans, & newly installed carpet. The home features a HUGE garage with extra storage. The home sits on almost quarter of an acre perfect for a pool & has 2 covered patio areas for entertaining & a shed. Foundation work completed in Aug with a lifetime transferable warranty. Remodel complete & ready for you!
| |||
| Jan 9, 2020 | Sold | ||
| Sold | |||
| Dec 16, 2019 | Listed by Keller Williams Central | $185,000 | |
| Listed by Keller Williams Central | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017