122 Forest St
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 |
|---|---|---|---|
| Apr 17, 2026 | Sold | ||
| Sold | |||
| Mar 5, 2026 | In contract | - | |
| In contract | |||
| Feb 25, 2026 | Listed by Jill & Co. Realty Group | $699,900 | |
| Listed by Jill & Co. Realty Group | |||
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Set back on a scenic country road in the Forest Street area of desirable North Andover - known for its top-rated schools - this charming split-level home sits on a private 1.12-acre lot offering a peaceful, wooded setting. Located just minutes to the historic Old Center and close to local amenities, this home blends convenience with privacy. The main level features a sun-filled living room with a stunning oversized bay window, a beautifully updated kitchen with detailed cabinetry, granite countertops, and stylish backsplash, plus a dining area ideal for gatherings. Warm, inviting tones throughout create a cozy feel you’ll love coming home to. This level also includes two bedrooms and 1.5 baths. The lower level offers a second living area, additional bedroom, and laundry—perfect for guests, office space, or flexible living. Mini splits installed January 2024 for efficient heating and cooling. Don’t miss this opportunity—schedule your private showing today!
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| Jan 21, 2022 | Sold | ||
| Sold | |||
| Dec 7, 2021 | Listed by RE/MAX Partners | $499,000 | |
| Listed by RE/MAX Partners | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017