115 Forest St
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 6, 2026 | Sold | ||
| Sold | |||
| Mar 25, 2026 | In contract | - | |
| In contract | |||
| Mar 18, 2026 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $1,465,000 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
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Rarely does a home offer this level of space, privacy, and everyday convenience in Reading’s sought-after Birch Meadow neighborhood. Built in 2015, 115 Forest Street surprises with over 4,000 sq ft of thoughtfully designed living space and 11 versatile rooms. Inside, timeless finishes and an effortless flow create a home that lives as comfortably as it entertains. The chef’s kitchen with center island opens to the dining area and a dramatic fireplaced family room, ideal for gatherings. Designed for real life, the home offers abundant storage, a spacious mudroom with direct access from the two-car garage, and flexible living spaces. Upstairs, four generous bedrooms include a serene primary suite with walk-in closet and spa-like bath. The finished lower level adds even more space, while a composite deck overlooks peaceful wooded surroundings. Moments from top-rated schools, the YMCA, and commuter routes. A rare opportunity to own space, style, and location in one exceptional home.
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| Mar 29, 2016 | Sold | ||
| Sold | |||
| Jul 14, 2015 | Listed by RE/MAX Renaissance Inc. | $889,000 | |
| Listed by RE/MAX Renaissance Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017