9 N Forest 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 |
|---|---|---|---|
| Oct 13, 2023 | Sold | ||
| Sold | |||
| Jun 21, 2022 | Listed by Register Real Estate Advisors | $324,990 | |
| Listed by Register Real Estate Advisors | |||
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3 Bedroom with Study/4 Bedroom with 2 baths. Gated private community w desirable amenities, on the northern part of Lake Conroe and surrounded by Sam Houston National Forest! This community includes 2 boat slips, 2 pools, a fish cleaning table/sink, basketball/tennis courts, bbq pits, picnic tables, spots to rent for storing your boat, and more- Brown Brick w/white mortar & dark brown trim on Exterior.Vinyl plank thru out main areas, halls, and second bathroom.Carpet in bedrooms and closets.Double pane Vinyl windows. Kitchen and bathrooms solid surface top (Silestone),Kitchen backsplash 3x12 tile on broken joint,Job built standard cabinets style doors and drawers,SS Appliances.High efficiency 16 seer AC,Batt Walls R13,Slope ceiling R19,and Attic blown R39,10” to 12” in Attic to get R39 rating, Moen Faucets (chrome).Interior paint light grey with white trim,Baseboard 1x4 with 1x4 Casing,8’ interior smooth panel doors.Gas/Woodburning fireplace .Kitchen features Breakfast bar.
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| Mar 3, 2022 | Sold | ||
| Sold | |||
| Feb 3, 2022 | Listed by ABSOLUTE Realty Group Inc. | $25,000 | |
| Listed by ABSOLUTE Realty Group Inc. | |||
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LOCATED perfectly on the north part of Lake Conroe, quiet and surrounded by beautiful scenery. it is a dream home for many of us, inspired by the view. Some might consider it as a vacation home where boating, fishing, swimming, kayaking, ski and other water activities. a great vacation place where you always wanted.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017