12191 Forest Way
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%.
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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 29, 2024 | Sold | ||
| Sold | |||
| Apr 5, 2024 | Listed by HomeSmart | $475,000 | |
| Listed by HomeSmart | |||
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Located on a quiet street in Thornton, this well-kept home with fresh interior paint offers a stylish main level with newer luxury vinyl plank flooring and a vaulted ceiling in the living room. The dining area has a new modern light fixture and a large window with views to the yard. Kitchen has lots of storage and plenty of counter space. Stainless steel appliances: LG refrig, dishwasher and double oven range (option to cook at two separate temps - great for entertaining!) and Whirlpool microwave. A second refrig in the garage is included and is great for storing extra beverages. Convenient half bath with new toilet and sink on the main level and a sliding glass door (with built-in blinds) that leads to the patio. Updated plush carpet on the staircase and the upper level. Two bedrooms separated by a full size bathroom with a new toilet, sink, and flooring. Big loft area - possible to add walls and a closet to create another bedroom. An unfinished basement with laundry (newer LG clothes washer and dryer) plus space to build a 3rd bath and hobby or exercise room. The yard is fully fenced and has mature trees and pretty perennials and space to create a garden. There is direct access from the yard into the garage - easy for lawn mower storage. New American Standard furnace and air conditioner installed in 2021 (with transferable warranty) along with a Honeywell programmable thermostat. Water heater replaced in 2020 and roof was replaced in 2019. This home is Move-In Ready! NOTE: OPTION FOR QUALIFIED BUYER TO ASSUME THE CURRENT LOAN AT 3.25% INTEREST RATE - MAY TAKE 60 TO 90 DAYS - ASK LISTING AGENT FOR DETAILS.
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| Nov 24, 2021 | Sold | ||
| Sold | |||
| Sep 29, 2021 | Listed by MB Nancy & Assoc LLC | $425,000 | |
| Listed by MB Nancy & Assoc LLC | |||
| Aug 26, 1994 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017