108 FORBES DRIVE
About This Property
Designed with both comfort and flow in mind, the wonderful curb appeal welcome you home and will be sure to start a conversation with all guests. As you enter, the living room warmly greets you and leads seamlessly into a formal dining room, setting the tone for both everyday living and special occasions. The kitchen opens directly to the family room, creating a connected space that's perfect for entertaining, relaxing, or keeping everyone together. Upstairs, well sized bedrooms and updated bath offer calm, functional retreats at the end of the day. Outside, a fully fenced backyard provides privacy and flexibility for play, pets, or outdoor gatherings. Located in an excellent neighborhood for families both small and large, this home invites you to experience its welcoming layout and strong sense of community in person
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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 |
|---|---|---|---|
| Mar 20, 2026 | Sold | ||
| Sold | |||
| Feb 12, 2026 | Price Increased |
$350,000
↑ $10K
(2.9%) | |
| Price Increased | |||
| Feb 12, 2026 | In contract | - | |
| In contract | |||
| Feb 5, 2026 | Listed by Real Broker, LLC | $340,000 | |
| Listed by Real Broker, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017