5126 Ternberry Forest 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 |
|---|---|---|---|
| Aug 22, 2025 | Sold | ||
| Sold | |||
| Jul 25, 2025 | In contract | - | |
| In contract | |||
| Jul 11, 2025 | Listed by Compass RE Texas, LLC - Houston | $277,000 | |
| Listed by Compass RE Texas, LLC - Houston | |||
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Exceptional Location in Katy, where modern charm meets comfort. This gorgeous residence boasts three spacious bedrooms and two full bathrooms. As you step inside, you'll be greeted by a bright, open floor plan that effortlessly connects the living spaces, making it ideal for both relaxation and hosting guests. The living room is perfect for cozy evenings, while the adjoining dining area is ready for your culinary adventures. The well-designed kitchen features contemporary ample counter space, making meal preparation a joy, all appliances are included!. Step outside to enjoy a beautifully landscaped backyard that invites outdoor entertainment and relaxation. Amazing 2022 D. R. Horton 1 story built with easy access to I-10 and the Grand Parkway is ready for you!
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| Jun 27, 2025 | Price Decreased |
$279,950
↓ $5K
(1.8%) | |
| Price Decreased | |||
| Jun 16, 2025 | Listed | $285,000 | |
| Listed | |||
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FANTASTIC D. R. HORTON BUILT 1 STORY! Wonderful Plan Interior Design! Island Kitchen with Lots of Cabinetry & Corner Walk-In Pantry Opens to Spacious Living Room & Lovely Dining Area! Privately Located Primary Suite Features Great Bath with Large Shower & Big Walk-In Closet! Generously Sized Indoor Utility Room! Covered Patio Enhances Backyard Setting! Easy Access to I-10 & the Grand Parkway!
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About Harris
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017