Lot 1 Forest Road
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 |
|---|---|---|---|
| Dec 23, 2020 | Sold | ||
| Sold | |||
| Feb 2, 2020 | Listed by LAER Realty Partners | $649,000 | |
| Listed by LAER Realty Partners | |||
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Build to suit. Oh the possibilities to make your dream home come true. Highly regarded local builder has architectural plans for an EAST facing, 3 bedroom home that's just waiting for your custom ideas. Set in the Long Lake area, where tear downs and rehabs can be found on every street. The builder has completely removed the original cottage and is starting from scratch with new everything from the foundation to the roof and includes a new 3 bedroom septic system. Generous allowances and beautiful finishes will make this a home to cherish! Close to Long Lake Town beach with conservations trails throughout the neighborhood. Enjoy the quick access to the city by way of the express train to Porter Square in Cambridge and North Station in Boston. Excellent schools!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017