8893 Forest Lake Drive
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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.
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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 |
|---|---|---|---|
| Dec 30, 2022 | Sold | ||
| Sold | |||
| Oct 5, 2022 | Listed by JLA Realty | $650,000 | |
| Listed by JLA Realty | |||
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Picture perfect, house on the hill is ready for your family to call it home! This charming four bedroom home contains two bedrooms downstairs, two upstairs with a closed off gameroom that could function as a fifth bedroom if needed. The property boasts over an acre of land, sparkling pool, fenced and gated driveway, covered patio, large shed, three car garage and only has one true "neighbor"! The lot to the right is a 5 acre reserve that is owned by the POA and backs up to a 23 acre private property making this home the perfect peaceful escape! High ceilings, engineered wood floors, fresh paint completed in October and plenty of natural light that shines in all hours of the day are just a few of the things that make this home wonderful. Schedule your private showing today!
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| Dec 29, 2020 | Sold | ||
| Sold | |||
| Oct 29, 2020 | Listed by Loft Realty | $490,000 | |
| Listed by Loft Realty | |||
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PRIME LOCATION -- Nearly 1 1/4 ACRE PRIVATE WOODED CORNER LOT next to a 5 acre reserve that can not be built on and a 23 acre wooded private property to the rear. Minutes from I-45, Lake Conroe & all The Woodlands has to offer! This 5 Bed, 4 Bath home is custom and beautiful. 3-car oversized attached garage, granite kitchen open to living room with pool and backyard view, breakfast bar, family room with built-ins, fireplace & brand new floors throughout. Vaulted ceilings in the master suite with dual vanities, separate tub/shower & walk-in closet. Excellent floor plan utilizing every square foot, Peaceful and relaxing PRIVATE BACKYARD OASIS with POOL, TURF lawn, a covered patio and a built in bar.
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| Sep 2, 2017 | Listed | $424,990 | |
| Listed | |||
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PRIME LOCATION -- Nearly 1 1/2 ACRE PRIVATE WOODED CORNER LOT next to 5 acre reserve and minutes from I-45, Lake Conroe & all The Woodlands has to offer! This 5 Bed, 4 Bath home is FULLY LOADED w/ 3-CAR GARAGE, SLEEK granite kitchen, breakfast bar, family room w/ built-ins, fireplace & RICH hardwoods throughout. LUXURY master suite w/ vaulted ceilings, dual vanities, separate tub/shower & walk-in closet. Relaxing BACKYARD OASIS w/ POOL & covered patio w/ built in BAR. Make the move TODAY!!! The manager has listed the unit size as 2927 square feet.
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About Ridgelake Shores
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Last Updated: 5 months ago
Data Source: HAR , MLS# 44314691
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017