127 Forest Drive
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 |
|---|---|---|---|
| Oct 11, 2026 | Listed by Premier Property Group | $175,000 | |
| Listed by Premier Property Group | |||
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jun 11, 2018 | Listed | $110,000 | |
| Listed | |||
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3 - 4 bedroom, 1 1/2 bath on 2 oversized, corner lots. Mature trees. Game room could be used for a 4th bedroom. Brick home, detached carport and workshop/storage. House needs updates but has lots of potential. Great Location - close to town. No carpet in 2 of the bedrooms. The manager has listed the unit size as 1634 square feet.
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| Jul 30, 2017 | Listed | $115,000 | |
| Listed | |||
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3 - 4 bedroom, 1 1/2 bath on 2 oversized, corner lots. Mature trees. Game room could be used for a 4th bedroom. Brick home, detached carport and workshop/storage. House needs updates but has lots of potential. Great Location - close to town. The manager has listed the unit size as 1634 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017