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1187 Forest Bluff TRL
About This Property
From the moment you arrive, you'll notice the custom landscaping, impressive 8-foot decorative front facade, and outstanding curb appeal. Inside, soaring ceilings and abundant natural light create a warm, inviting atmosphere. The flexible layout features two spacious living areas on the main level, plus an upstairs game room that can easily serve as a third living area, media room, playroom, or home office.
The updated kitchen showcases beautiful quartz and granite countertops and offering effortless flow into the main living spaces for everyday living and entertaining. Throughout the home, you'll find numerous upgrades, including fresh interior paint, new carpet, updated light fixtures and ceiling fans, upgraded decorative switches, and tastefully remodeled bathrooms. The luxurious primary suite features a fully remodeled spa-inspired bath with a Jacuzzi soaking tub and a customized walk-in closet designed for optimal organization.
A composite deck provides the perfect space for relaxing or entertaining, while French doors open to a private side patio that enhances the home's indoor-outdoor living. The backyard features a French drain system, rainwater conservation system, and a durable 1-inch red cedar privacy fence with decorative extension for added beauty and privacy.
The detached workshop with electricity offers endless possibilities as a workshop, hobby room, fitness space, studio, or additional storage. The garage is equipped with an insulated garage door, Smart garage door opener, and overhead storage to maximize functionality.
Major system updates include a 3-year-old roof, 2021 water heater, and a 7 year old HVAC system.
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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 20, 2026 | In contract | - | |
| In contract | |||
| Jul 19, 2026 | Price Decreased |
$409,500
↓ $9K
(2%) | |
| Price Decreased | |||
| Jul 3, 2026 | Listed by Horizon Realty | $418,000 | |
| Listed by Horizon Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017