12131 Forest Way
About This Property
Just off the family room, step outside to a large covered patio, creating the ideal space for summer BBQs, outdoor dining, or relaxing evenings. The backyard also offers a garden area, storage shed, and plenty of privacy.
Upstairs, you'll find a flexible loft that's perfect for a home office, reading nook, or play area, along with three bedrooms and two full bathrooms. The primary suite features a walk-in closet with custom built-ins and a private en-suite bath. A second full bathroom serves the additional bedrooms.
The finished basement offers endless possibilities with a fourth bedroom, recreation room, media space, home gym, or hobby area, complete with a closet and egress window. A dedicated laundry area and additional storage complete the lower level.
With low property taxes, no HOA, and numerous major improvements already in place, this move-in-ready Thornton home offers exceptional value. Don't miss the opportunity to make it yours!
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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 31, 2026 | In contract | - | |
| In contract | |||
| Aug 17, 2026 | Price Decreased |
$464,900
↓ $35K
(7%) | |
| Price Decreased | |||
| Aug 11, 2026 | Relisted | $500,000 | |
| Relisted | |||
| Jul 29, 2026 | In contract | - | |
| In contract | |||
| Jun 29, 2026 | Listed | $489,900 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017