5311 Grand Forest 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 |
|---|---|---|---|
| Jul 31, 2023 | Sold | ||
| Sold | |||
| Jul 6, 2023 | Listed by Keller Williams Realty - Memor | $249,900 | |
| Listed by Keller Williams Realty - Memor | |||
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Discover this charming home nestled on a cul-de-sac lot in the tree-lined neighborhood of Windsong in Bear Creek South! This 2-story colonial-style gem welcomes you with gorgeous curb appeal, a 2-car garage with an extended concrete driveway, and a large backyard perfect for entertaining. Upgrades galore with a new roof, HVAC, windows, water heater, perimeter fence, and sprinkler system. The upgrades continue inside with a renovated kitchen and bathrooms. Find an excellent layout for gatherings with a combined living area and kitchen, den, formal dining, half bath downstairs, and all bedrooms upstairs. Exciting days await at the amazing neighborhood amenities such as a clubhouse, tennis and volleyball courts, a pool, and playgrounds. Also zoned to the top-ranking schools of Cypress-Fairbanks. Conveniently located near major freeways with quick access to parks, trails, shops and restaurants, the Energy Corridor, and more! Never flooded *per seller. Make this home yours today!
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About Windsong
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017