3861 FOREST Drive
About This Property
Buyers must due their due diligence as to what county will allow! Seller has never lived on premises.
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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 12, 2023 | Sold | ||
| Sold | |||
| Apr 15, 2023 | Listed by MOMENTUM REALTY | $269,000 | |
| Listed by MOMENTUM REALTY | |||
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Come build your dream home on this peaceful waterfront lot on the South Fork of Black Creek! Move right into the RV while you build and start enjoying the perks of Creek Life immediately! With140 foot of waterfront & a high bulkhead, this property has so many stunning features like a new pavered patio area with built in firepit and a covered bar area, perfect for entertaining guests. Follow the pavers as they step down leading onto the private 2-level dock and boat house with mounted TV. Whether you're looking to fish, swim, or just relax on the water, this lot is the perfect place to retreat. The lot is high & dry, requires no ''No Rise'' certificate, and is completely ready to build with septic, artesian well, and electric on site. As a bonus, the sellers are willing to leave the two sheds, one being a 32x14 fully insulated, heated and cooled, and finished with flooring and sheetrock. Don't miss out on the opportunity to own this stunning waterfront lot. Schedule your showing today and start planning your dream home on the water!
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| Feb 15, 2022 | Sold | ||
| Sold | |||
| Jul 20, 2021 | Sold | ||
| Sold | |||
| Jul 16, 2021 | Listed by COLDWELL BANKER VANGUARD REALTY | $159,900 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
Property Highlights
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About Middleburg
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017