111 Forest Ave
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 |
|---|---|---|---|
| May 28, 2025 | Sold | ||
| Sold | |||
| Apr 24, 2025 | In contract | - | |
| In contract | |||
| Apr 16, 2025 | Listed | $397,500 | |
| Listed | |||
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Updated single-family home offering approximately 933 square feet of living space on a 0.30-acre lot. This 2-bedroom, 1-bathroom property features a recently updated interior, including a beautifully renovated kitchen with modern finishes. Additional bonus rooms on the first floor and in the basement provide flexible living space for a home office, playroom, or added storage. Recent improvements include a newer roof and a tankless water heater. The large, cleared yard offers excellent outdoor space for gardening, recreation, or future expansion. Originally built 1925, the home blends classic charm with thoughtful upgrades. A detached garage provides convenient parking or workspace options. Gas heating and gas stove cooking for efficient utility use. Situated in a well-established neighborhood with access to shopping, schools, and public transportation, this property combines comfort, updates, and usability in a versatile layout.
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| Aug 28, 2019 | Sold | ||
| Sold | |||
| Jul 8, 2019 | Listed by Keller Williams Realty | $235,000 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017