842 W Forest Drive
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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, 2026 | Sold | ||
| Sold | |||
| May 26, 2026 | In contract | - | |
| In contract | |||
| May 21, 2026 | Listed by Martha Turner Sotheby's International Realty | $1,225,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| May 26, 2021 | Sold | ||
| Sold | |||
| Apr 20, 2021 | Listed by Coldwell Banker Realty | $969,000 | |
| Listed by Coldwell Banker Realty | |||
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Beautifully designed home combining the modern feel with the rustic charm. This exceptional home it has been completely remodeled with custom finishes throughout and no detail overlooked. New pex plumbing, new electrical, new windows, new underground plumbing, new HVAC system, new roof. The raised ceilings in the main living area feature reclaimed wood beams. The open concept kitchen offers an abundance of cabinets, 36" gas range and a coffee bar with separate sink. The expansive peninsula offers additional seating and waterfall countertop. This open floor design is perfect for entertaining as well as every day living. Rare one story home zoned to exceptional Spring Branch Schools, including Wilchester Elementary, Memorial Middle and Stratford High School. Spectacular lot with no neighbors in the back but instead a vast space belonging to SBISD with gate access. Rare find to have a home this amazing in the heart of Houston.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017