7025 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 |
|---|---|---|---|
| Jul 23, 2024 | Sold | ||
| Sold | |||
| Jun 7, 2024 | In contract | - | |
| In contract | |||
| May 17, 2024 | Listed by Abilene Group Premier Re. Adv. | $329,000 | |
| Listed by Abilene Group Premier Re. Adv. | |||
| Mar 18, 2022 | Sold | ||
| Sold | |||
| Nov 1, 2021 | Listed by Keller Williams Realty | $276,900 | |
| Listed by Keller Williams Realty | |||
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Agent related to owner. New Lantrip's Custom Home in Forrest Meadows. Corner lot! This open concept, split bedroom plan features vinyl flooring and crown molding in main areas, carpet in bedrooms, white custom cabinets, granite countertops, and large covered back porch Owner suite boasts a free-standing tub, separate walk-in shower, and large closet. Builder will include a fence and a $6700 landscaping allowance. Energy efficient with programmable thermostat. Builder will provide a StrucSure 2-10 Warranty. Estimated completion- February 2022.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017