12121 Forest Way
About This Property
NO SHOWINGS AFTER 12 pm Sunday 2/26/23
3 Beds + 2 Baths Up! Great Opportunity for sweat equity! Original Owner - Strictly AS-IS - Priced accordingly! Some TLC is all this home needs! NO HOA. Large Family Room w/fireplace + Bonus Room added to the main floor. Covered front porch and large back deck were added. Plenty of space for an eat-in breakfast nook. Just need cosmetics to be a great home: needs flooring, indoor paint, updated lighting. Nice size back yard. Unfinished basement ready for your touches. Offers will be presented as they come in. Seller reserves the right to accept an offer at any time.
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Cap Rate Calculator
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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017