7003 Forest Meadow
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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.
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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 6, 2022 | Sold | ||
| Sold | |||
| Mar 23, 2022 | Listed by Zarco Properties, LLC | $159,900 | |
| Listed by Zarco Properties, LLC | |||
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LOCATION, LOCATION, LOCATION – This beautiful well-maintained home has the most amazing location near the corner of 1488 & 2978 giving quick access to major highways and enrollment to Magnolia ISD. The area has grown quickly providing plenty of shopping, dining, medical services, and entertainment all just seconds away! The home offers 3 bedrooms on a cul-de-sac with wheelchair ramp access, exterior skirting around the whole home, 2 storage sheds, a decent sized fenced outdoor space and long driveway for plenty of parking! AC new 2018, public sewer and water. NO FLOODING!
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| Feb 22, 2019 | Sold | ||
| Sold | |||
| Nov 17, 2018 | Listed by Hewitt Real Estate Group | $108,000 | |
| Listed by Hewitt Real Estate Group | |||
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Super nice, large 3 bedroom home with wheelchair ramp in a great location near shopping and dinning. Stainless stove and Microwave vent hood in kitchen. Recently remodeled master bath. Fresh paint inside and outside. 1 year old AC. New flooring in guest bedrooms. Shaded yard.
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About Forest West
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017