14 Forbes Ln
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 2, 2026 | In contract | - | |
| In contract | |||
| Sep 23, 2026 | Listed by Leading Edge Real Estate | $995,000 | |
| Listed by Leading Edge Real Estate | |||
| Nov 20, 2024 | Sold | ||
| Sold | |||
| Oct 18, 2024 | In contract | - | |
| In contract | |||
| Oct 10, 2024 | Listed by William Raveis R.E. & Home Services | $912,590 | |
| Listed by William Raveis R.E. & Home Services | |||
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RARE opportunity! Spectacular corner lot in desirable Phillips Academy area. Located on the corner of Forbes Lane & Karlton Circle, this "L" shaped ranch will provide that single level living that is so difficult to find. With 3 spacious bedrms plus a Home Office, the flexible floor plan will win you over! An oversized Foyer will greet you and lead you to the Eat-in Kitchen, which has maple cabinets, SS appliances & a greenhouse window that overlooks an amazing, private courtyard-type backyard - gorgeous in every season. 21' Family Rm has gas fireplace. Dining rm & Living rm provide additional space for entertaining. First floor laundry & attached 2-car garage make this a natural for people w/ mobility challenges & could easily be adapted for a wheelchair. Finished Lower Level Playroom (39 X 20) has a built-in bar area w/ refrigerator. Short distance to Phillips Academy & Downtown Andover where you will enjoy many events, dining & shopping. Town water, town sewer & natural gas.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017