6939 Forrest Meadows 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 |
|---|---|---|---|
| May 1, 2026 | Sold | ||
| Sold | |||
| Mar 30, 2026 | In contract | - | |
| In contract | |||
| Mar 18, 2026 | Listed by Real Broker, LLC. | $310,000 | |
| Listed by Real Broker, LLC. | |||
| Feb 15, 2022 | Sold | ||
| Sold | |||
| Sep 18, 2021 | Listed by Keller Williams Realty | $263,900 | |
| Listed by Keller Williams Realty | |||
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Agent related to owner. New Lantrip's Custom Home in Forrest Meadows. Wylie ISD. This open concept, split bedroom plan features crown molding and vinyl flooring throughout main areas, carpet in bedrooms, white custom cabinets with soft-close hinges, granite countertops, and large covered back porch. Owner suite includes a soaking tub, separate walk-in shower, and large closet. Builder will include a $6000 landscaping allowance. Fence is included. Energy efficient with programmable thermostat. Builder will provide a StrucSure 2-10 Warranty. Estimated completion- January 2022.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017