1489 Forest Lane
About This Property
The interior boasts an open-concept living space with plenty of natural light, perfect for entertaining or simply relaxing after a day immersed in nature. The well-appointed kitchen features modern appliances and ample cabinetry, making meal preparations a delight. Retreat to the spacious primary suite with its own ensuite bath for added privacy and convenience.
Outside, discover endless possibilities; whether it's gardening, bird watching, or hosting family gatherings under the stars. This property offers not only a home but an opportunity to embrace country living at its finest while still enjoying proximity to local amenities.
Don't miss out on this unique Durant opportunity – where peaceful seclusion meets easy access to city conveniences. Welcome home!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 21, 2026 | In contract | - | |
| In contract | |||
| Apr 30, 2026 | Price Decreased |
$169,000
↓ $10K
(5.6%) | |
| Price Decreased | |||
| Mar 6, 2026 | Price Decreased |
$179,000
↓ $10K
(5.3%) | |
| Price Decreased | |||
| Feb 27, 2026 | Price Increased |
$189,000
↑ $30K
(18.9%) | |
| Price Increased | |||
| Jan 12, 2026 | Price Increased |
$159,000
↑ $8K
(5.3%) | |
| Price Increased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017