114 Forest Bend Drive
About This Property
Additionally, the home offers excellent work-from-home features. A private study and bonus space in the primary bedroom can be used for an office, nursery, or treadmill. The fantastic kitchen has a wine refrigerator, double oven, abundant cabinets, and expanded countertop space. The living area extends to the backyard retreat with an outdoor living area and a beautiful pool. Upstairs is yet another area ideal for working from home, with a loft for projects or a school study area. The spacious bedrooms upstairs and large game room allow you to have room for everyone. The recent updates in the oversized garage include an epoxy floor.
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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 |
|---|---|---|---|
| Feb 14, 2025 | Sold | ||
| Sold | |||
| Dec 26, 2024 | Listed by Jay Marks Real Estate | $849,000 | |
| Listed by Jay Marks Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017