40
Map
5318 Handbrook 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%.
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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 |
|---|---|---|---|
| Jan 9, 2026 | Sold | ||
| Sold | |||
| Dec 9, 2025 | Listed by Exceed Realty LLC | $428,500 | |
| Listed by Exceed Realty LLC | |||
| Nov 13, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 28, 2025 | Listed by Exceed Realty LLC | $469,000 | |
| Listed by Exceed Realty LLC | |||
| | |||
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This one-of-a-kind stucco home offers 3,452 sq ft of luxurious living space with 4 bedrooms, 3.5 baths, a study / library, and a wet bar gameroom. Entertain in style in the gourmet kitchen with island cooktop and a wet bar in the gameroom. The enormous primary bedroom boasts a double tray ceiling and a massive walk-in closet, while all secondary bedrooms are large and have walk-in closets as well. Relax in the family room filled with natural light from expansive glass windows, or enjoy the view of the bayou from the large covered kitchen patio. This freshly painted home with new carpets throughout also features a circular wood staircase with wrought iron spindles and an oversized 2-car garage for added convenience. Move-in ready and perfect for entertaining! Situated in the best section of Champions Forest, this home will not disappoint.
| |||
| Oct 29, 2024 | Price Decreased |
$465,000
↓ $32K
(6.4%) | |
| Price Decreased | |||
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About Champion Forest
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017