111 Forest Park Lane
About This Property
Check out 111 Forest Park Ln, recently enhanced with fresh interior paint and a thoughtfully updated kitchen. This space now features all stainless steel appliances, an accent backsplash, and a functional island. The primary bathroom includes double sinks and a separate tub and shower for utility. Exterior spaces contain a fenced in backyard, a deck, and a dedicated storage shed. This updated residence perfectly blends modern style with practical living. Home comes with a 100-Day Home Warranty
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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 |
|---|---|---|---|
| Sep 17, 2026 | Price Decreased |
$270,000
↓ $5K
(1.8%) | |
| Price Decreased | |||
| Aug 13, 2026 | Price Decreased |
$275,000
↓ $4K
(1.4%) | |
| Price Decreased | |||
| Jul 23, 2026 | Price Decreased |
$279,000
↓ $9K
(3.1%) | |
| Price Decreased | |||
| Jul 9, 2026 | Price Decreased |
$288,000
↓ $4K
(1.4%) | |
| Price Decreased | |||
| Jun 8, 2026 | Listed by Opendoor Brokerage, LLC | $292,000 | |
| Listed by Opendoor Brokerage, LLC | |||
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About Red Oak
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$2,950 /mo
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$3,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017