1422 Forest Way
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 |
|---|---|---|---|
| Feb 26, 2021 | Sold | ||
| Sold | |||
| Dec 8, 2020 | Listed by Weichert Realtors-Toms River | $116,900 | |
| Listed by Weichert Realtors-Toms River | |||
| May 21, 2020 | No longer available | - | |
| No longer available | |||
| Mar 9, 2020 | No longer available | - | |
| No longer available | |||
| Jan 30, 2020 | Listed | $119,900 | |
| Listed | |||
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Welcome home to this spacious ''Magnolia'' model located in Pine Ridge South. It is one of the largest models in this 55+ community which has an active clubhouse and a huge in ground pool. This home has 3 bedrooms and 2 baths along with a spacious kitchen offering you plenty of cabinets including a pantry. There is also a cute breakfast nook off the kitchen. You will find a separate laundry room too. Enjoy the privacy of your master suite as you relax in the large soaking tub. Monthly fee includes taxes and so much more. The manager has listed the unit size as 1580 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017