137 Forest Trail
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 |
|---|---|---|---|
| Aug 8, 2024 | Sold | ||
| Sold | |||
| Jun 26, 2024 | In contract | - | |
| In contract | |||
| Jun 12, 2024 | Listed by Trufant Real Estate | $659,900 | |
| Listed by Trufant Real Estate | |||
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Located in a highly sought-after neighborhood, this charming gambrel cape offers 8 rms, including 4 bdrms., and 3 full baths. The property features a breezeway and an attached 2-car garage with room above. Nicely maintained over the years, it now awaits your personal touch for some interior updates. Recent improvements include a new roof and exterior paint and shingles within the last 3-4 years, and replacement windows. The breezeway, which includes laundry facilities, boasts a cathedral ceiling, but does require some finish work. Hardwood floors are found throughout most of the house. The eat-in kitchen as well as a formal dining room is perfect for family meals and entertaining. The large living room features a fireplace, providing a cozy atmosphere. On the first floor, you'll find a versatile space that can serve as a bedrm, den or office. The family room located above the garage, which also has a cathedral ceiling and bath offers excellent potential for inlaw suite.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017