854 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%.
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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.
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 16, 2025 | Sold | ||
| Sold | |||
| Jun 24, 2025 | In contract | - | |
| In contract | |||
| Jun 20, 2025 | Listed by Martha Turner Sotheby's International Realty | $1,275,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
| Feb 27, 2023 | Sold | ||
| Sold | |||
| Jan 6, 2023 | Listed by Compass RE Texas, LLC | $965,000 | |
| Listed by Compass RE Texas, LLC | |||
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New Year, New Home in highly desirable Nottingham! This beautifully updated 4 bedroom, 3.5 bath home is perfect for entertaining with a sizable dining room located off the entry and open concept family room w/ fireplace, kitchen, breakfast room and HUGE 600 sqft covered patio with NO back neighbors. Enjoy the freshly updated primary suite downstairs w/ fireplace, well-appointed bathroom w/ two sinks, vanity area, jetted tub, separate shower, WC and large walk-in closet. Upstairs find 3 bedrooms w/ hard-to-find 2 full bathrooms, walk-in closets and separate storage closet that could be converted to a laundry room. The downstairs study/home office space could alternatively be used as living/bar area adjacent to the dining room. New wide plank wood flooring throughout. Roof & HVAC from 2019 (per sellers). See updates list for more. Zoned to top-rated SBISD schools & walking distance to Wilchester Elementary. Close proximity to Town & Country, Memorial City, Energy Corridor and more.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017