116 Forest
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 |
|---|---|---|---|
| Aug 7, 2017 | Sold | ||
| Sold | |||
| Apr 27, 2017 | Listed by EXIT Realty Beatrice Associates | $714,000 | |
| Listed by EXIT Realty Beatrice Associates | |||
| Jan 15, 2016 | Sold | ||
| Sold | |||
| Jan 22, 2014 | Listed by EXIT Realty Beatrice Associates | $220,000 | |
| Listed by EXIT Realty Beatrice Associates | |||
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Large home on 1 acre lot. Home needs extensive repairs, great tear down candidate. Home needs serious work, and will not qualify for any form of financing. Currently is physically a 3 unit, but legally only a single family. Inground pool is in bad shape, title 5 unknown. Buyer to do their own due diligence. This is not a quick cosmetic fixer-upper!! Extensive work needed.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017