4123 Forest Lakes Dr
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 |
|---|---|---|---|
| Mar 22, 2024 | Sold | ||
| Sold | |||
| Feb 6, 2024 | Listed by RE/MAX Properties Inc | $950,000 | |
| Listed by RE/MAX Properties Inc | |||
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Pristine ranch with 5BD/3B/3CAR, finished walk-out basement and located in the gorgeous West End of Forest Lakes. No homes behind! Enter the foyer and enjoy sight lines through the great room, which features a gas fireplace and walk-out to a 30’ x 20’ covered composite wood deck with water spigot, gas line, recessed lighting and panoramic views. The kitchen boasts an expansive quartz island w/sink & counter bar, S/S appliances, subway tile, walk-in pantry, gas range & coffee nook. Refrigerator included! The adjacent dining space offers breathtaking views through large windows with custom treatments. The main-level primary bedroom features dreamy views & an adjoining bath w/double vanity, large walk-in shower w/window, tile floors & walk-in closet. A second main-level bedroom has plantation shutters and would also make an ideal home office. Completing the main level is a full bath and laundry space with sink and access to the garage. The basement family room offers amazing views, gas fireplace, wet bar w/tile backsplash and a walk-out to a 30’ x 20’ patio with gas line, a paver walkway and a circular paver patio. Rounding out the basement are 3 bedrooms - each w/walk-in closet, one w/a full ensuite bath, one with mountain views and an additional full bath. The garage boasts an available 220-volt outlet, 2 garage door openers, an epoxy floor and a service door. Be sure to note this home’s professional landscaping and the ideal foothills location in this master-planned community w/miles of trails, acres of open space, a park & 65-acre private lake all within minutes of Lewis-Palmer School District schools and I-25.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017