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8802 Enchanted Forest Drive
About This Property
Conveniently located less than a mile from TX-249, commuting is a breeze with easy access to major highways, shopping, dining, and top-rated schools. Inside, you'll find a spacious and open floor plan, perfect for entertaining or relaxing. The large living area features ample natural light. The primary suite offers a private retreat with an en-suite bathroom, while two additional bedrooms provide flexibility for growing, home office, or guest space.
Enjoy outdoor living in the generously sized backyard, ideal for weekend BBQs, gardening, or simply unwinding after a long day.
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Cap Rate Calculator
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 13, 2025 | Sold | ||
| Sold | |||
| Apr 13, 2025 | In contract | - | |
| In contract | |||
| Apr 3, 2025 | Price Decreased |
$199,950
↓ $9K
(4.3%) | |
| Price Decreased | |||
| Mar 13, 2025 | Listed by Rogers Healy & Associates | $209,000 | |
| Listed by Rogers Healy & Associates | |||
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About Inwood North
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017