1394 Forest Avenue
About This Property
This single-family home is equipped with hardwood floors on the upper level with 3 bedrooms with natural lighting. There is an open concept with Living Room, formal Dining room and Kitchen. The formal dining room can be turned into an open-air eating area when the season is appropriate. The eat in kitchen is equipped with stainless steel dishwasher, stove, and refrigerator and it is highlighted by a skylight. The main bedroom has an additional entrance to the first-floor full bathroom that is equipped with a standup shower and jet tub. The front entrance has a Foyer and Chandelier,
There is an attached one car garage that leads you into the finished lower-level, you will gain access to one-bedroom, and a full bathroom, and family rooms that give access to two addition exits to the Backyard and Patio as well as the side entrance of the property. The backyard has numerous spaces for gardening. This property is being. Sold As Is!!
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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 29, 2025 | Sold | ||
| Sold | |||
| Mar 18, 2025 | In contract | - | |
| In contract | |||
| Jan 21, 2025 | Listed by Husain Mahmoud Realty | $750,000 | |
| Listed by Husain Mahmoud Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017