5502 Hickory 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 |
|---|---|---|---|
| Nov 1, 2021 | Sold | ||
| Sold | |||
| Sep 8, 2021 | Listed by ABSOLUTE Realty Group Inc. | $253,000 | |
| Listed by ABSOLUTE Realty Group Inc. | |||
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2017 Hurricane Harvey did not flood the property! THIS HOME FEATURES MODERN UPDATE WITH AN OPEN FLOOR PLAN AND HIGH CEILING. KITCHEN IS HIGHLIGHT WITH NEW GRANITE COUNTERTOPS, BACKSPLASH, NEW FIXTURES & APPLIANCES. TILES IN WET AREAS AND LAMINATE THRU OUT HOUSE. PRIMARY BATH W/ NEW STANDING SHOWER, NEW VANITY, & FIXTURES. NEW FANS THRU-OUT, NEW AC SYSTEMS & DUCTS, AND NEW WATER HEATER. EXTRA ROOM CAN BE YOUR MAN CAVE, A BAR, DANCE SPACE, OR WORK SPACE. NEW SODS/GRASS FRONT AND BACK. DONT WAIT! THIS CAN BE YOUR DREAM HOME!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017