10404 FOREST AVENUE
About This Property
This light-filled home features a bright, open floor plan with new windows, recessed lighting, and updated wood flooring throughout. Enjoy a sun-filled living room with oversized windows and neighborhood views, and a main-level bedroom with a full bath-perfect for guests, extended family, or a convenient home office. The gourmet kitchen boasts quartz countertops, stainless steel appliances, a large center island with bar seating, and ample cabinetry, flowing seamlessly into the dining area with backyard access for easy entertaining. Adjacent to the kitchen is the 2-story family room with vaulted ceilings, a modern chandelier, and a sliding glass door to the deck.
Upstairs, the spacious primary suite offers generous closet space and a luxurious ensuite bath with quartz-top vanity, while two additional bedrooms share a stylish Jack-and-Jill bath. The lower level includes a flexible space or optional 5th bedroom with full bath and utility access-ideal for a guest suite, gym, recreation area, or student living quarters.
Step outside to enjoy the new deck overlooking a large, private backyard-perfect for gatherings, study breaks, or family playtime. A deep driveway makes parking a breeze.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017