7815 FOREST RANCH
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 |
|---|---|---|---|
| Jun 26, 2025 | Sold | ||
| Sold | |||
| Jun 1, 2025 | In contract | - | |
| In contract | |||
| May 23, 2025 | Listed by Keller Williams Heritage | $199,900 | |
| Listed by Keller Williams Heritage | |||
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Welcome to 7815 Forest Ranch - a beautifully maintained 2-bedroom, 2-bath home offering comfort, convenience, and style in every corner. This thoughtfully updated residence features 1,168 square feet of living space with an open-concept layout, perfect for both daily living and entertaining. Enjoy cozy evenings by the charming corner fireplace in the spacious living area, highlighted by fresh paint and ceramic tile flooring that extends through the living, dining, kitchen, and bathrooms. The kitchen offers ample cabinetry, stainless steel appliances, and a sunny window over the sink. Plush new carpet adds warmth to both bedrooms, creating serene retreats for rest and relaxation. Recent upgrades include double-pane windows (2023), gutters (2023), and a water heater (2021), providing energy efficiency and peace of mind. Step outside to a private patio and a generously sized backyard shaded by mature trees-ideal for quiet mornings or weekend gatherings. Just down the street, enjoy access to Woodcrest Park, a neighborhood gem featuring walking trails, a playground, and open green space. Ideally located with easy access to Randolph Air Force Base, The Forum, IKEA, Costco, H-E-B, and I-35, this move-in ready home offers both tranquility and convenience. Come experience the perfect blend of updates, charm, and location!
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| Feb 16, 2016 | Sold | ||
| Sold | |||
| Nov 19, 2015 | Listed by Keller Williams City-View | $123,000 | |
| Listed by Keller Williams City-View | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017