5502 Fairview Forest Drive
About This Property
Step outside into your own private paradise, where you'll discover a beautifully landscaped backyard perfect for relaxing and entertaining guests. Recent updates include: Roof '17, ALL PEX pipes '21, HVAC '22, Dishwasher 3/23 and all walls flooring '12.
Nestled in a prime location, this home offers easy access to the best shopping, dining, and entertainment Houston has to offer. Don't miss your chance to make this exceptional property your forever home. Schedule your showing today!
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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 |
|---|---|---|---|
| Jun 15, 2023 | Sold | ||
| Sold | |||
| Apr 7, 2023 | Listed by Winhill Advisors - Kirby | $263,000 | |
| Listed by Winhill Advisors - Kirby | |||
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Experience the ultimate in comfortable living at 5502 Fairview Forest Dr, a breathtaking 3 bedroom, 2 bathroom home situated in the sought-after Inwood North. Impeccably maintained and adorned with elegant finishes, this stunning residence features soaring ceilings and a cozy fireplace, creating a warm and inviting ambiance throughout.
Step outside into your own private paradise, where you'll discover a beautifully landscaped backyard perfect for relaxing and entertaining guests. Recent updates include: Roof '17, ALL PEX pipes '21, HVAC '22, Dishwasher 3/23 and all walls flooring '12.
Nestled in a prime location, this home offers easy access to the best shopping, dining, and entertainment Houston has to offer. Don't miss your chance to make this exceptional property your forever home. Schedule your showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017