8606 Forest Grove 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 |
|---|---|---|---|
| May 31, 2022 | Sold | ||
| Sold | |||
| Apr 25, 2022 | Listed by HomeSmart | $305,000 | |
| Listed by HomeSmart | |||
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Newly updated home! Beautiful modern look with an open concept floor plan. NEW ROOF! NEW SIDING! NEW WINDOWS!NEW ELECTRICAL PANEL! NEW WATER HEATER! NEW A/C! New laminate vinyl flooring, new cabinets, and new granite! Gorgeous on the exterior as well as inside. You will not want to miss this Houston gem located in Spring Branch! This home will not last long!
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| Oct 5, 2021 | Sold | ||
| Sold | |||
| May 1, 2020 | Listed by Champions Real Estate Group | $169,900 | |
| Listed by Champions Real Estate Group | |||
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This property is in a highly sought after Spring Branch area, located in great neighborhood with new developments nearby. Additionally, this home has larger square footage than most of the homes in the neighborhood. This is a home that you can make it your own with some TLC. Please come and see! The property has never flooded (per owner).
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Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017