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142 Forest Hills Rd
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 6, 2021 | No longer available | - | |
| No longer available | |||
| Nov 2, 2020 | In contract | - | |
| In contract | |||
| Oct 27, 2020 | Listed | $274,900 | |
| Listed | |||
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Driving down Forest Hills Rd in Sixteen Acres, you will see charming suburban homes, beautiful trees, & open front lawns. It is an ideal location for living. Resting on a quiet corner lot, lies the opportunity to own a wonderful 3/4 bedroom, 2 bath, cape-style home! After parking in your detached two-car garage, open the door to find a warm & inviting, updated eat-in kitchen with plenty of natural light & complete with appliances. Continue through & you'll notice gorgeous hardwood running from the dining room, into a cozy living room. The spacious master bedroom, full bath, & laundry room are also located on the first floor. Upstairs is another beautiful full bath, comfortable bedroom, & a tandem room that could be used as a bedroom/office! Outside is a perfect fenced in, private backyard space for entertaining or relaxing. Even with the off-kitchen patio, above-ground pool, & fire-pit, there is still plenty of room to make it your own! The manager has listed the unit size as 1769 square feet.
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| Dec 31, 2008 | Sold | ||
| Sold | |||
| Oct 15, 2007 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017