4019 Forest Ridge Landing
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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 3, 2021 | Sold | ||
| Sold | |||
| Jul 30, 2021 | Listed by Lone Star Realty | $247,000 | |
| Listed by Lone Star Realty | |||
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Beautiful 1,918 sq ft David Weekley home located close to Hwy 6, I-10, Barker Cypress, Clay Road, & Pine Forest Country Club! This 1-story, 3-bed, 2-bath, 2-car garage home is what you have been looking for! Home offers tall ceilings throughout, an open concept design, granite counters in the kitchen, new roof installed in 2021, new carpet installed in bedrooms and study, & tile floors in the rest of the home. Home also offers lots of neat features including a ring doorbell, green energy windows, tech shield roof decking, a small fenced in area in the backyard for your small dog or maybe a garden, 2 rain barrels and a rain chain to recycle water for your plants. And, as if that wasn’t enough, garage has been outfitted with a plug to charge your electric vehicle and the garage door opener system was replaced in 2020. This home is a hop, skip, and a jump away from the community walking trail, entry is located at the end of the cul-de-sac street and leads to the children’s play area.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017